Engel bullish on future,all-electric presses

摘要

During the firm's recent technology symposium at its large press factory in St.Valentin,Austria,Peter Neumann,CEO of Engel Holding,the firm's family-owned controlling company,said Engel's fiscal year(ended March 31)saw 2005 sales of 2725 machines for a ledger posting of euro545.9 million,a 6.9% drop from the previous FY but still earning Engel global leadership in sales for injection molding machinery.