With effect from the end of April 2017 our long-standing co-shareholder in Indonesia, Mr. Long-Wen Lin, will leave PT. SKD Industrial Parts to enjoy his well-deserved retirement.
With the retirement of Mr. Long-Wen Lin, SKD loses an internationally renowned specialist for weaving shuttles who managed the settlement process of the weaving shuttle business during the past years.
With the sale of several weaving shuttle production machines, the stock sale as well as the transfer of the SKD customers to alternative suppliers the weaving shuttle production and marketing will definitely come to an end after 20 years for SKD and after more than four decades for Mr. Long-Wen Lin.
At the same time, Klöcker took over the relevant shares while pushing the business with industrial parts at SKD simultaneously. Furthermore, SKD is planning further steps for the production of mechatronical units during the next months.
An investment of about 500.000 Euro is planned for the purchase of the corresponding means of production and the adjustment of the manufacturing halls.