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Maspion Group is an integrated diversified group, which offers products and services ranging from consumer durables and electronics, chemicals, packaging materials, metal rolling, construction materials, property or industrial estate development and contractor, and commercial banking business. Its significant venture was started by the founders, Alim and Gunardi family in 1962, with its small home industry of aluminium kitchenwares which was then incorporated into PT. Maspion in 1971. Apart from PT. Maspion which has strong expertise in consumer durables business, other members of the group also demonstrated a strong track record in metal processing business and have been listed at the Jakarta Stock Exchange and Surabaya Stock Exchange in 1994 and 1997, i.e PT. Indal Aluminium Industry Tbk (Indal) in aluminium extrusion and PT. Alumindo Light Metal Industry Tbk (Almi) in aluminium sheet and foil. Indal and Almi have become the leaders in aluminium processing industry in the country.

In addition to developing its own companies, the stature of the Maspion Group has attracted respected multinational corporations to become joint venture partners, i.e: Marubeni Itochu Steel Inc., Hanwa Kozai Co., Ltd, JFE Steel Corporation, Kanematsu Corporation, Naomoto Industry Co. Ltd, The Furukawa Electric, Ltd., Toyota Tsusho Corporation Japan, Taiwan Fluorescent Lamp Co.Ltd, Taiwan, Ishizuka Glass Co., Japan, Srithai Superware Public Company, Thailand, Weilburger Lacke Handelsges (Grebe Group), Germany, etc. There are still many more promising ventures under negotiations and yet to come.

Today, the Maspion Group is one of Indonesia's most respected groups of companies, totaling of 39 companies and 16 of them are joint venture companies. It employs approximately 23,000 people in its five industrial parks in East Java and one factory in Cibitung, Jakarta.



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