According to parent company TKH Group NV, business at Netherlands-based machinery manufacturer VMI was very healthy during the first six months of 2022, with tyre building equipment contributing in no small way to TKH’s 24.0 per cent year-on-year increase in turnover.
Organic turnover earned through manufacturing systems produced by the TKH Group’s Industrial Solutions business area, which includes equipment made by VMI Holland BV, contracted 16.2 per cent in the first half of 2016. This decline was due in part to a reduced order intake in 2015 for a range of manufacturing systems equipment, including machinery for the production of car and truck tyres as well as machine operating systems, can washers, test equipment and product handling systems for the medical industry.
VMI Holland BV has once again been named best performing subsidiary by parent company TKH Group NV. For the third time in five years, the developer and manufacturer of machinery for the tyre, rubber, canning and care industries has received the ‘Best Performing Company in TKH Group’ award. VMI reports that it won the award for 2014 due to its financial results and for its performance in three other key areas – innovativeness, entrepreneurship and excellence in production improvements.
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