KBA’s Frankenthal Press Plant Celebrating Its 150th Jubilee

2008: Financial meltdown and media transition
The financial and economic crisis that broke in September 2008 triggered an even bigger slump in the demand for printing presses and thus in sales and earnings. This naturally affected employment in the print media industry, and the consolidation measures initiated in 2009 resulted in the loss of some 10,000 jobs at the three major German press manufacturers alone, more than 2,000 of them at KBA.