ENGEL passes 100 million euro mark in Asia production capacity in Shanghai doubled

Similar documents
ENGEL at Chinaplas 2012 in Shanghai

Green Cap: the best energy efficiency on the market

New 950 million euro turnover record

Process integration reduces cost per unit

Molding, Monitoring and More. ENGEL at MD&M Minneapolis

Fit for High Performance

ENGEL makes the difference

ENGEL at Plast 2015 in Milan

ENGEL makes the difference

Continuity in internationalization: BOGE Rubber & Plastics on track for further growth

Kiekert AG Corporate Information A company overview

ZF posts record sales in 2017; announces increased research and development activities

Indian engineering TRANSFORMING TRANSMISSION

BOGE Rubber & Plastics achieves record sales and extends its product portfolio with Fiberreinforced rubber-elastic coupling

ZF shows the latest innovations of the wind industry at the Hanover Fair 2015

productronica adds robotics to exhibition portfolio

PKC Group establishes Joint Venture with JAC. Matti Hyytiäinen, President & CEO

Mercedes-Benz is Premium Brand with Strongest Growth in December and Fourth Quarter

Production costs reduced dramatically by innovative multi-component technology

The World s Largest Injection Moulding Machine Manufacturer

Oerlikon Solar to create 1000 high-tech jobs by 2009

New Medium-term Management Plan: Key Business Strategies

MAHLE surpasses own targets in first half of 2015

Extended Systec C machine series in the focus of the Chinaplas presentation by Demag Plastics Machinery (Ningbo)

A moment of the event in the Casappa Shanghai production plant.

Zurich, February 16, 2012, Ulrich Spiesshofer Discrete Automation and Motion Driving profitable growth. ABB Group February 16, 2012 Slide 1

Q&A. Paul Cooke, Managing Director of Bosch Rexroth Ltd. answers questions on the future of the Fluid Power Industry.

Submission to the Department of Foreign Affairs and Trade s Asian century country strategies

Promoting Continued Growth

Bosch intends to acquire all shares in ZF Lenksysteme. Presentation by Dr. Volkmar Denner, Chairman of the Board of Management of Robert Bosch.

More fuel efficiency with improved performance and comfort Bosch Rexroth presents efficient hydraulics solutions at bauma 2013

SORL Auto Parts, Inc. (NASDAQ: SORL)

Valeo reports 14% growth in consolidated sales for third quarter 2011

Automotive Division. Tryggve Sthen President, Automotive Division

BMW Group posts record earnings for 2010

MAHLE Supervisory Board appoints Dr. Jörg Stratmann as the new Chairman of the Management Board and CEO

TraXon Hybrid Makes Long-Distance Traffic Even More Economical

News Release. BASF further broadens its technology base and global market access for battery materials

EUROPEAN MANUFACTURER OPENS NEW HIGH-TECH FACILITY IN ARKANSAS TO SERVE PLAINS & EASTERN CLEAN LINE

Joint Press Release of BASF, Arsenal and Foosung. BASF acquires Novolyte Technologies. April 26, 2012

Gabelli Automotive Symposium October 30, Adriane Brown President and CEO Honeywell Transportation Systems

News Release. Advancing further into a growing market. K 2013 Trade Press Conference June 25 and 26 in Ludwigshafen, Germany

Press Release. Combined know-how in digitalization. ITK Engineering AG set to become part of Bosch Group

Motorcycles. Overview of Operations

Background information

Oilseeds and Products

Oerlikon Graziano worldwide leader in the field of precision gearing, transmission solutions and driveline systems

HCM will expand the production capacity and sales support, such as dealer empowerment, etc. in Chinese market.

April 18 25, National Exhibition and Convention Center (Shanghai)

Voith Group On a good footing for future growth

Zeppelin Power Systems expands site with the latest test facilities and production halls

Mercedes-Benz continues positive sales trend in March sales increase 15 percent in first quarter

Press release. From battery cell to electric motor Bosch paving the way to electromobility 21 projects with 13 automakers by 2013

Mercedes-Benz: Best Sales Result for the Month of June in Company History Up 13 Percent

Activity of YASKAWA for Industrie 4.0 -Focus on Robotics-

Corporate Profile Edition. as of April 28, 2017

FISCAL YEAR END MARCH 2013 FIRST HALF FINANCIAL RESULTS. New Mazda6 (Atenza)

Oerlikon continues strong profitable sales growth

New Pacesetter in the Aftermarket

RENAULT-NISSAN ALLIANCE DELIVERS SIGNIFICANT GROWTH IN 2016, EXTENDS ELECTRIC VEHICLE SALES RECORD

Start of Volume Production: New Generation of the ZF 8-Speed Automatic Transmission in the BMW 5 Series

Net Sales (Billions of yen) Sales by Product Category (Billions of yen) High-pressure hoses

LANXESS to expand capacities for highperformance

Strong Foundation for Upcoming TRW Acquisition: ZF Significantly Increases Sales and Earnings

Annual Press Conference

[Overview of the Consolidated Financial Results]

Facts and Figures 2017 Edition

Dongfeng Commercial Vehicle

The Future of Electric Cars - The Automotive Industry Perspective

April 27, 2012 (For your information) Mazda Motor Corporation FISCAL YEAR ENDING MARCH 2012 FINANCIAL RESULTS (Speech Outline)

Global Auto Components Market Report

Conex Korea PSR

Hello, my name is Takehiro Kamigama. I will present the full-year consolidated projections for fiscal 2015.

Earnings conference call Q4 & FY 2016

Manz Automation AG. Conference Call, Full Year Results 2009 March 30, 2010, Reutlingen Dieter Manz/CEO, Martin Hipp/CFO

Lucintel. Publisher Sample

e-win ELECTRIC, EFFICIENT, COMPACT & PRECISE

PKC Group Establishes 50-50% Joint Venture with Jiangsu Huakai Wire Harness Co. Ltd. Matti Hyytiäinen, President & CEO

BMW Group Corporate and Governmental Affairs

Agenda. Tryggve Sthen, President SKF Automotive. Franco Ferro, Director Powertrain & Electrical and Two Wheelers

MAHLE positions itself for the future

Statement Dr. Norbert Reithofer Chairman of the Board of Management of BMW AG Conference Call Interim Report to 30 June August 2014, 10:00 a.m.

Press release on the business development of the MAHLE Group in 2013

FISCAL YEAR ENDED MARCH 2011 FINANCIAL RESULTS

PRESS RELEASE (long version)

Q SALES Strong outperformance in all regions. April 20, 2018

FISCAL YEAR MARCH 2014 FIRST HALF FINANCIAL RESULTS. New Mazda Axela (Overseas name: New Mazda3)

Construction & Mining Equipment

General Machinery & Special Vehicle Business Operation

1959 March Production commences at Yulon Motor Co., Ltd. in Taiwan, the Company s first overseas KD factory.

Closer Ties to the Customer

Accuride Wheels Europe & Asia Introduction Scott Hazlett, President 20 September 2018

Automotive Aftermarket Giorgio Brusco

Our aspiration. Value-oriented corporate policy

Tata Motors in partnership with DRB-HICOM launches three new commercial vehicles in Malaysia

Automotive Market in ASEAN Prepared by: Reciprocus International Date: January 2017

First in Mind First in Choice. Capital Markets Day 2006 Gunnar Brock, President and CEO

Mazda Motor Corporation FISCAL YEAR MARCH 2016 FIRST HALF FINANCIAL RESULTS (Speech Outline)

Automotive & Supplier. Automotive & Supplier. Japan Market Reports Partner in Japan. G&S International Japan Soshigaya, Tokyo

Keynote from Andreas Renschler, CEO Volkswagen Truck & Bus GmbH and Yoshio Shimo, President & CEO Hino Motors Ltd.

Transcription:

ENGEL passes 100 million euro mark in Asia production capacity in Shanghai doubled Shanghai/China April 2012. In the fiscal year 2011/2012, ENGEL AUSTRIA generated sales of over 100 million in Asia for the first time. With the expansion of production capacities in Shanghai and South Korea, the injection moulding machine builder and automation expert based in Schwertberg/Austria sees itself well equipped to handle the anticipated increase in order volume from the region. "The demand in Asia increasingly calls for an adaptation of the injection moulding machines and system solutions to the specific requirements. Our decentralized, local production facility enables us to offer our customers clear advantages with short delivery times and realise a faster time to market," explained Dr. Peter Neumann, CEO of ENGEL Holding, on 20 April at the opening ceremony of the considerably expanded production hall at the ENGEL large-scale machine works in Shanghai. To a large part, ENGEL attributes its record sales to its ongoing investments in the region since the first Chinese subsidiary was founded in 1986. With meanwhile three sales and service subsidiaries in China, further branches and agencies as well as two production plants in Asia, ENGEL achieved a market share of almost 10 percent in the relevant Asian market for the first time in the fiscal year 2011/2012. "In the fast-growing market segment of medium and large injection moulding machines, ENGEL is now one of the leading vendors in the region," says Dr. Neumann. Opening ceremony in Shanghai The large-scale machines built in Shanghai, together with the small and medium-sized injection moulding machines from the production facility in South Korea and exports to Asia from Austrian plants, have contributed to total sales of 125 million. In order to be better prepared to handle the increasing volume of orders in the region, ENGEL has doubled the 1

capacity of its large-scale machine works in Shanghai. In the future, more than 200 machines of the ENGEL duo series will leave the plant each year. Construction work at the Xinzhuang Industrial Park was completed by the start of the Chinaplas 2012 Trade Fair. International customers, partners and representatives of the press were invited to the plant on the third day of the trade fair to gain a first-hand impression of the high quality of production and systems solution competence of the Austrian injection moulding machine manufacturer. "Over the past few years, we have seen significantly higher demands placed on plastic parts made in China," explained Gero Willmeroth, Sales and Service Manager at ENGEL MACHINERY (SHANGHAI) Co., Ltd. "There is a call for even more sophisticated solutions, which enhance productivity and efficiency in production. Turnkey systems including automation from one source are gaining importance, as well as solutions for process integration and energy-saving options." Expansion also in South Korea intensified market efforts in South-East Asia ENGEL has invested 12 million in the extension of the Shanghai plant. A further 8 million are being invested in the expansion of the production facility for small and medium-sized injection moulding machines in Pyungtaek City, South Korea, which is due for completion in spring 2013. The plant's present output of 650 injection moulding machines is to be increased to about 1100 units. Besides China Asia's largest market the demand is also increasing in South-East Asia and India. For the South-East Asian countries, ENGEL is further expanding its sales office in Bangkok/Thailand and intensifying its market activities particularly in Indonesia and Thailand. 800 million milestone achieved in worldwide sales In the fiscal year 2011/12, the ENGEL Group generated global sales of over 800 million for the first time in the company's history. Whereas revenues amounted to only 358 million in the crisis year 2009/2010, the sales volume rose in the next fiscal year by 72% to 615 million, now followed by a further 33% increase to 834 million. The considerable success in 2

Asia has made a significant contribution to this growth in revenue. A further reason is the successful launch of the energy-saving ENGEL ecodrive option which has boosted the market share of tie-bar-less injection moulding machines and of big two-platen machines. Today, half of the hydraulic injection moulding machines delivered worldwide are equipped with the servohydraulic ecodrive which depending on the machine type and application enables energy savings of between 30 and 70%. In addition, this growth is driven by the bundling business, in particular with the automotive industry and the significantly increased demand for all-electric ENGEL e-motion injection moulding machines. Further boost to automation technology In the past fiscal year, the ENGEL Group was able to strengthen its global presence in automation technology. Every second manufacturing cell realised in Europe by an injection moulding machine builder is now delivered by ENGEL. In the process, ENGEL consistently focuses on integration. The ENGEL viper linear robot series and the new ENGEL easix multiaxis robot are both fully integrated into the control system of the injection moulding machine, simplifying operation and programming and boosting efficiency and availability of the plants. ENGEL stands worldwide for system competency, technological leadership and applicationoriented innovation. In 2011, the global plastics markets called for innovations as never before, ranging from solutions in lightweight construction and flexible multi-component applications to the breakthrough of all-electric injection moulding machines in the packaging industry. The machine manufacturers are increasingly in demand as innovation partners a principle that ENGEL has been implementing over many years for its customers in the international markets. 3

To a large part, ENGEL attributes its record sales in Asia to its ongoing investments in the region. In Shanghai ENGEL now has doubled the capacity of its large-scale machine works. In the future, more than 200 machines of the ENGEL duo series will leave the plant each year. 4

Welcome at ENGEL Shanghai: International customers and partners were invited to the plant to gain a first-hand impression of the high quality of production and systems solution competence. Opening ceremony: Peter Garimort, General Manager ENGEL Machinery Shanghai, Michael Heinz, Austrian Consul General, Dr. Birgitte Engleder, Chairman of the ENGEL board of directors, Dr. Peter Neumann, CEO ENGEL Holding, Chen Jianping, Vice General Manager Shanghai Xinzhuang Industrial Park, Gero Willmeroth, President Sales and Service, ENGEL Machinery Shanghai (from left to right). Pictures: ENGEL 5

ENGEL AUSTRIA GmbH ENGEL is one of the global leaders in the manufacture of plastics processing machines. Today, the ENGEL Group offers a full range of technology modules for plastics processing as a single source supplier: Injection moulding machines for thermoplastics and elastomers, and automation, with the assurance that individual components are also competitive and successful in the world markets. With eight production plants in Europe, North America and Asia (China, Korea), subsidiaries and representatives in over 85 countries, ENGEL offers its customers the optimal global support they need to compete and succeed with new technologies and leading-edge production systems. Contact for journalists: Gerd Liebig, Group Marketing Director, ENGEL AUSTRIA GmbH, Ludwig-Engel-Strasse 1, A-4311 Schwertberg/Austria, Tel.: +43 (0)50 / 620-3800, Fax: -3009 E-mail: gerd.liebig@engel.at Susanne Zinckgraf, Manager Public Relations, ENGEL AUSTRIA GmbH, Ludwig-Engel-Strasse 1, A-4311 Schwertberg/Austria, PR Office: Theodor-Heuss-Str. 85, D-67435 Neustadt/Germany, Tel.: +49 (0) 6327 9769902 E-mail: susanne.zinckgraf@engel.at 6