Negri Bossi is a world-wide business that develops, manufactures and distributes plastic injection molding machinery. The Company was founded in 1947 and is now a category leader in its business. The Company is headquartered in Milan, Italy and owns manufacturing facilities in Italy and in India. It also has exclusive partnerships to manufacture and assemble machines in the Czech Republic and in China. Negri Bossi machines are sold in 40 countries throughout the world and the Company has major sales, engineering and distribution operations in the USA.
Injection molding machinery is used for making such items as automotive and appliance parts, packaging for food, consumer goods and medical needs, plastic parts for various industries such as electronics and consumer products. Negri Bossi produces a variety of products to address all of these needs that include large hydraulic machines all the way to all electric machines. Negri Bossi has produced and sold the largest injection molding machines in the world – with 7,000 tons press capacity.
After the acquisition of Negri Bossi by AuSable in March 2014, the brand was repositioned along with a total restructuring of management both in Italy and the rest of the world. The positive results have been apparent with more than a doubling of sales since the purchase, a dramatic increase in inventory turns and a substantial reduction in the working capital employed to support the business.
After the acquisition of Negri Bossi, the brand was repositioned along with a total restructuring of management both in Italy and the rest of the world. The positive results have been apparent with more than a doubling of sales since the purchase, a dramatic increase in inventory turns and a substantial reduction in the working capital employed to support the business.
A key to the business’s success has been the reduction in the extensive product line previously offered along with the introduction of new, more targeted and competitive products that have been well received in the market place. Such disciplines as sales, marketing, engineering and purchasing have been revamped at Negri Bossi with positive results as the Company has continued to grow.