The KOLEKTOR Magnet Technology GmbH (“KMT”) with KOLEKTOR GROUP and Beijing Zhong Ke San Huan Hi-Tech Co., Ltd as its shareholders，celebrated the opening of new industrial buildings in the econova industrial area in Essen, Germany on November 27th, 2013.

The new site covers the area of more than 22000 square meters. With experience of more than 60 years, KMT manufacture plastic bonded magnets in Essen for the automobile supply and electrical industries of Europe. The use of new industrial buildings will meet the requirements of LEAN production and marketing of products and technology, enabling KMT to serve its customers better in the future.