MAG is to assume control of the ThyssenKrupp Technologies production plant in Kecskemét, Hungary. MAG Hungary will support manufacturing capacities for all the MAG brands. The acquisition enables further increase of the sales, service and supply base in Eastern Europe. The new plant in Kecskemét will form a key part of MAG’s overall production strategy and world-class manufacturing capability, providing additional availability of parts and components, resulting in improved machine delivery times for its global customer base, Markus Grob, President of MAG Europe was quoted as saying in a corporate press release. (press release)