Reichel & Drews announces joint venture
Reichel & Drews Inc., Itasca, Ill., has announced a joint venture with Rümmer System Engineering GmbH, Baunach, Germany. The joint venture will be called Rümmer Reichel & Drews and will be located at Rümmer System Engineering GmbH's headquarters.
"Increased competition and rising raw material costs will continue to require our customers to optimize their manufacturing capabilities," says Curtis Maas, Reichel & Drews' chief executive officer. "The combination of our companies will provide our customers with a whole new range of opportunities to help them improve productivity and product quality."