ARBURG
Injection moulding machinery producer expects successful year / Sales to rise 20%
German injection moulding machinery producer Arburg GmbH + Co (D-72290 Loßburg) expects record results for the year 2000. At the annual press conference in late September, management said it expects consolidated turnover of about EUR 348m, an increase of more than 20 % compared to 1999. For the first time, the machinery manufacturer provided comprehensive figures – dating back to 1994 – to outline the success it has enjoyed for much of the decade. According to executives, Arburg has retained its leadership of the German and European markets for injection moulding machinery in the small clamp force range and has strengthened its position in worldwide markets.
The company´s expansion has necessitated construction of a new production facility at a cost of more than EUR 50m, said Eugen Hehl, chairman of the managing board. The enhanced production and storage space now allows the entire production to be accommodated at a single site, ensuring a high level of quality control in production and maintaining a high rate (60 %) of in-house manufacture of key components. The injection moulding machinery product range has been expanded to include medium- or large-size machines with clamp forces of up to 4,000 kN.
Arburg also gave the press a glance at its new complete production lines for “Allrounder 630 S” machines with a clamp force of 2,500 kN as well as at in-house manufacturing facilities for peripheral components for injection moulding machinery. Demonstrating the assembly of the “Multilift” robot, the company highlighted its newly developed horizontal automated handling system. The “Selogica” controller system, that enables the integration of all peripherals such as dosage or dyeing devices according to customers´ requirements, has also been assembled at the new production site.
Arburg´s philosophy of pumping back its entire profit into operations enables it to finance the infrastructure needed to deal with a 58% increase in orders – from both domestic and international markets – seen in the first half of 2000 against 1999. Management noted also that export sales rose 37% in the first eight months. Well established in Europe, Arburg has been gaining ground in the Baltic republics as well as in Russia and has been strengthening its position in Asia. The German machinery producer also has been making an effort to gain market share in North America. A new office in Sao Paolo will help open markets in Latin America. Customer proximity and short-term delivery remain a cornerstone of corporate policy, the company said.
• Plasteurope.com Service:Texts from the Arburg press conference, including economic and technical data (English): PIE-No. 44887.
The company´s expansion has necessitated construction of a new production facility at a cost of more than EUR 50m, said Eugen Hehl, chairman of the managing board. The enhanced production and storage space now allows the entire production to be accommodated at a single site, ensuring a high level of quality control in production and maintaining a high rate (60 %) of in-house manufacture of key components. The injection moulding machinery product range has been expanded to include medium- or large-size machines with clamp forces of up to 4,000 kN.
Arburg also gave the press a glance at its new complete production lines for “Allrounder 630 S” machines with a clamp force of 2,500 kN as well as at in-house manufacturing facilities for peripheral components for injection moulding machinery. Demonstrating the assembly of the “Multilift” robot, the company highlighted its newly developed horizontal automated handling system. The “Selogica” controller system, that enables the integration of all peripherals such as dosage or dyeing devices according to customers´ requirements, has also been assembled at the new production site.
Arburg´s philosophy of pumping back its entire profit into operations enables it to finance the infrastructure needed to deal with a 58% increase in orders – from both domestic and international markets – seen in the first half of 2000 against 1999. Management noted also that export sales rose 37% in the first eight months. Well established in Europe, Arburg has been gaining ground in the Baltic republics as well as in Russia and has been strengthening its position in Asia. The German machinery producer also has been making an effort to gain market share in North America. A new office in Sao Paolo will help open markets in Latin America. Customer proximity and short-term delivery remain a cornerstone of corporate policy, the company said.
• Plasteurope.com Service:Texts from the Arburg press conference, including economic and technical data (English): PIE-No. 44887.
06.10.2000 Plasteurope.com [17138]
Published on 06.10.2000