(847) 934-4500

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REP Featured in Industrial Careers

Derek Williams, National Sales Director at REP Corporation, was recently featured in an article on Industrial Careers. REP Corporation is the world leader in injection molding presses for rubber and TPE.

Click on image to read the article


For more information, please contact:
REP Corporation
8N740 Tameling Court
Bartlett, IL 60103-8146
Phone: 847-697-7210
www.repinjection.com
Attention:  Tim Graham or Jim Wirtz

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SencorpWhite Releases Its New 6300P Series

This new and improved addition to the Accu-Seal family is suitable for the medical and pharmaceutical industry  

Accu-Seal, a wholly-owned subsidiary of SencorpWhite, the recognized global leader in high quality, end-to-end solutions for automated packaging, integrated AS/RS systems, and warehouse automation software, announced the immediate availability of its 6300P Series.

The seal lengths/width are 15, 20 and 25 inches/0.375 inches. The series features heavy-duty linear pneumatic seal actuation and high strength stiffened seal bar construction. A digital high-speed PLC controller is included with an LCD touchscreen. Optionally, users can choose to have a data acquisition system with the sealer. This would include seal parameter collection and reporting, as well as peripheral interface capability such as a barcode scanner.

This series benefits from rugged 304 stainless steel construction, selectable and programmable seal modes, and external calibration verification ports for seal temperature, time and pressure.

Seal and temperature and pressure limit alarm settings are part of the 6300P Series. In addition, the sealer has thermal overload protection and is ISO 11607 compliant.


About SencorpWhite:

SencorpWhite, a Connell Limited Partnership portfolio company, is a leading provider of unique end-to-end solutions for the packaging and management of high-value inventory. The company’s products and services–which range from Sencorp brand innovative thermoformers, CeraPak and Accu-Seal  brand packaging technologies to White brand automated storage and retrieval systems and Intek and Minerva  inventory management software–cover the entire supply chain, from the point-of-manufacture through distribution and point-of-use. For more information, call (508) 771-9400 or visit http://www.sencorpwhite.com.

About Connell Limited Partnership:

Connell Limited Partnership is a family-owned business headquartered in Boston, Massachusetts. Connell has a history of owning and operating industry leading manufacturing companies that provide superior products, exceptional customer service and operational excellence to market leading OEMs. The Connell family is dedicated to supporting a wide range of philanthropic endeavors, with a large commitment to the medical field, including the William F. Connell School of Nursing at Boston College, the Connell and O’Reilly Families Cell Manipulation Core at the Dana Farber Cancer Institute, the Connell Nursing Research Scholars Program at Massachusetts General Hospital and the William F. Connell Emergency Department at St. Elizabeth’s Hospital. More information is available at http://www.connell-lp.com.

For more information, please contact:
Accu-Seal SencorpWhite, Inc,
225 Bingham Drive, San Marcos, CA 92069 USA  | 760-591-9800 | sale@accu-seal.com
Attention:  Davis Olney

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Mobile Sort Demonstration

Fulfillment automation provider 6 River Systems to unveil new mobile sortation solution at ProMat 2019

Mobile Sort DemonstrationWALTHAM, Mass.–6 River Systems (6RS), the provider of the world’s first and only fully collaborative mobile robotics solution, announces general availability of Mobile Sort, a new solution that enables warehouse operators to intelligently generate and fulfill batched orders using 6RS’ robots, mobile sort stations and cloud-based software enhanced with machine learning. 6RS will debut Mobile Sort on April 8 at ProMat 2019.

E-commerce and retail sales continue to grow each year, yet warehouse operators struggle to find and recruit enough warehouse associates to keep up with the work. The Wall Street Journal recently reported that U.S. warehouses need to hire an additional 452,000 workers between 2018-19 amid record-low unemployment nationwide, just to meet the growing demand. Mobile Sort is designed to help operators rise to meet peak demands and challenges.

“Each-picking operations are under bigger-than-ever market pressure to pick faster and scale for peak seasons with fewer seasonal hires,” Jerome Dubois, 6RS co-CEO and co-founder said. “6 River Systems’ Mobile Sort improves throughput with a picking and sorting solution that is mobile and flexible, helping operators who are crunched for time, capital and resources balance performance and cycle times.”

Mobile Sort Wall KioskMobile Sort stations consist of smart kiosks, mobile put-to-light walls with validation sensors that work with 6RS’ cloud-based software and 6RS collaborative robots, called “Chucks.” 6RS’ intelligent allocation engine continuously generates highly optimized batches of work which group orders into the most efficient picking jobs, minimizing walking. Chucks deliver empty totes to associates in active picking areas and direct associates to complete picks. Totes are then delivered to take-off points, where they are sorted into orders using the Mobile Sort stations.

Equipped with product images and put lights, Mobile Sort stations further assist associates to sort items into customer orders at industry-leading speed and accuracy. The entire solution, from robots to sortation and packout stations, is powered by 6RS’ machine learning that drives efficient picking and system performance. Not only does Mobile Sort improve pick rates, but it is also used to consolidate picks across different areas or automation into discrete orders; for example across mezzanine levels or from goods-to-person automation solutions.

“Mobile Sort is quick to setup and break down, and doesn’t require any permanent infrastructure,” Gillan Hawkes, 6RS VP of Product said. “Unlike traditional automation, Mobile Sort can be easily scaled up or down to handle seasonality and to reclaim precious floor space.”

With the addition of Mobile Sort, 6RS extends the value that their solutions offer customers—from their collaborative mobile robots, to order allocation, picking, sorting and pack-out. These solutions address existing gaps in the market today, specifically for third party logistics, B2B, fast-growing e-commerce and omni-channel retail operations.  

“Autonomous mobile robots have done a great job of attacking the low-hanging fruit in fulfillment processes— movement of material” said John Santagate, Research Director for Commercial Service Robotics at IDC. “As the innovative vendors in this space have begun to scale deployments, they are now also developing complementary products that extend the value of the AMRs in the fulfillment process. Mobile Sort from 6 River Systems is a good example of an AMR vendor extending the capabilities and value of their products and offerings”.

The Mobile Sort solution will be deployed across leading 3PL and retail warehouse operations in time for peak 2019.

Attending ProMat 2019? Schedule time to view a demonstration of Mobile Sort from April 8-11 at Booth #S3983.


About 6 River Systems

6 River Systems was founded in Boston, Massachusetts in 2015 by Jerome Dubois, Rylan Hamilton and Chris Cacioppo. Jerome and Rylan were previously executives at Kiva Systems (now Amazon Robotics). The 6 River Systems engineering team has decades of automation, software and operations experience and has designed, built and deployed the world’s largest warehouse automation solutions. Leading 3PLs, retailers and manufacturers including DHL, XPO Logistics and Office Depot are using 6RS to fulfill millions of units a week.

6 River Systems is supported by world-class venture capital firms and strategic investors, including Menlo Ventures, Norwest Venture Partners, Eclipse and iRobot. Amy Villeneuve, former president and COO of Kiva Systems, is a member of the board.

Contact

Fergal Glynn, VP of Marketing, +1.866.602.4825
6 River Systems, Inc.
fglynn@6river.com
www.6river.com

 

More media

Mobile Sort Photo Gallery (Google Drive)

Mobile Sort Video Demo (Google Drive)

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New Location for Beaumont

Beaumont Machine Relocates, Starts a New Chapter

Leading supplier of fast hole EDM renews commitment to industry, seeks continued expansion of machine line and markets

 

Beaumont Machine Loaded

The FH Series offers up to seven-axis fast hole EDM drilling capability for many applications, including aerospace, power generation, semiconductor manufacturing and more. Machines are entirely designed, engineered and built in the USA.

 

As company president Ed Beaumont explains, “We needed a fresh start and we were committed to making it happen, on every level, from our physical location to the machine offerings to the markets served and more.” And Beaumont Machine has done exactly that.

The company today announces the opening of its new manufacturing facility in the Cincinnati area, at 4001 Borman Drive, Batavia, Ohio 45103. Phone number is 513-701-0421. Website remains www.beaumontmachine.com.

Ed Beaumont continues, “I started the company over 25 years ago, had success in the aerospace industry here in Cincinnati and elsewhere. After five years of semi-retirement, I returned to run the company, with three goals in mind. I wanted to relocate the business to a larger facility, expand the machine line to offer more companies the benefits of our unique designs and, lastly, grow our consumables business, a key to long-term relationships with EDM customers, precisely because the wire, guides, electrodes, dielectric resin, filters, rotary unions, seal kits and more are critical components to keep the machines up and running.”

New Location for Beaumont

New building in Batavia, OH (Cincinnati) houses Beaumont Machine design, engineering, machine building, sales and service operations for the company.

As of today, all three goals have been met, resulting in more business for the company and an expansion into new markets such as semiconductor materials processing and land-based power generation, particularly turbine blades.

The consumable sales have ramped up, owing to Beaumont securing reliable partners and having the warehouse capacity to carry expanded inventories. Customers can now call on Beaumont for all their consumables needs.

“Though Beaumont machines are available with Fanuc or Siemens CNC controls,” Ed Beaumont explains, “our newest platform with Siemens allows us to create even more shapes with Realtime EDM. We bring them some pretty complex specs and they can always meet the challenges.”

Beaumont EDM machines are used primarily for precision placement of the cooling and gas flow holes in various products, from metering and diffuser holes on a jet engine turbine blade to large blade, seals, vanes and transition ducts on power gen equipment and more.

The company also provides customers fixture design, training, part programming assistance, engineering, turnkeys and vision system integration.

Ed Beaumont concludes, “It’s good to be back in the day-to-day operation of the business. It’s a passion for me and my team. We love solving EDM problems for our customers and will continue to push the envelope in machine performance.”


For more information, please contact:

Ed Beaumont
President
BEAUMONT MACHINE
4001 Borman Drive
Batavia, OH 45103
Phone: 513-701-0421
Web: www.beaumontmachine.com
Email: beaumach@msn.com

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Centrisys Receives Award

Centrisys Receives Award From Salvation Army

Centrisys Receives Award


From L to R: Salvation Army Kenosha Board Chairman Tim Leach; Salvation Army Kenosha Auxiliary Captain Marie Lewis; Receiving the award on behalf of the Centrisys/CNP employees Jan Mosele & Carlos Contreras; President of Celebrate Our Town Cindy Nicoletti; Kenosha County Sheriff David Beth; Mayor of Kenosha John Antaramian.

Centrisys/CNP, Kenosha, Wisconsin is proud to announce that they have been recognized for their charitable contributions by the Kenosha Salvation Army. Centrisys was awarded the 2019 Other’s Award Recipient in the category of “Resources Supporting Others.” Jim Andresen, the company’s COO said, “By May 2019, the Centrisys/CNP employees will have contributed over $15,000 to the Salvation Army and the company matches match all of our employees’ contributions dollar-for-dollar.”

Established in 2017, Centrisys Cares is the company’s charity. They support the Salvation Army through two programs, Youth Program and Recreation Program and the Disaster Relief Services. Every year in May, the company hands over checks to the Salvation Army for the two programs.

The award ceremony, entitled “2019 Other’s Luncheon,” was held March 9, 2019 at 12 pm at the Bristol Oaks Country Club. Each award recipient received two complimentary tickets. Centrisys was represented by Jan Mosele, marketing assistant and Carlos Contreras, the HR manager at the company. All the winners received a plaque and had their picture taken. Commenting on the award, Mosele said, “We were thrilled to accept this award on behalf of our generous employees at Centrisys Corporation. For the past 20 years, Centrisys has been very proud to call Kenosha home, so we knew we wanted to sponsor a local charity and selected the Salvation Army.” She concluded, “It is truly an honor to call the Salvation Army our partner in giving.”

Centrisys Corporation is a U.S.A. manufacturer of dewatering centrifuges, sludge thickeners and complete dewatering systems for municipal and industrial wastewater. The company’s focus is centrifuge equipment, including the award winning THK sludge thickener. Centrisys provides global service, repair and parts for all brands of centrifuges. CNP – Technology Water and Biosolids designs and supplies nutrient recovery and biosolids treatment optimization systems. CNP’s key technologies are: AirPrex® and CalPrex™, phosphorus recovery technologies, and PONDUS™, a Thermo-Chemical Hydrolysis Process (TCHP). CNP is a division of Centrisys Corporation.

 

For more information, please contact:

Centrisys/CNP
9586 58th Place
Kenosha, WI 53144
262-654-6006
marketing@centrisys.com
www.centrisys.com

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Exact Metrology Now Represents GOM CT in U.S.

Leader in 3D and CT scanning for industrial, commercial concerns now representing premier German builder of CT scanner 

Exact Metrology Representing GOMEffective immediately, Exact Metrology is proud to announce that they’ve become a distributor of the GOM CT scanner in the U.S. The announcement was made by company co-presidents Steve Young and Dean Solberg. GOM is an established global company and leader in structured light scanning technologies. The company develops, produces and distributes software, machines and systems for industrial and automated 3D coordinate measuring technology, 3D computed tomography, as well as 3D testing based on the latest research results and innovative technologies.

The computed tomography scanner GOM CT provides 3D data of internal and external component geometries in exceptionally high resolution. The GOM CT produces the finest details visible throughout the component, simplifying initial sampling, tool correction and inspection tasks during production. It captures complex components including the “inner workings” in a single scanning process, so that the user receives a complete image of the test specimen for form and position analysis or nominal/actual comparisons. The system shows its greatest strengths when digitizing smaller plastic and light metal parts.

High-contrast X-ray detector and 5-axis kinematics

Exact Metrology Representing GOMTo achieve a very high level of detail during component digitization, the components of the GOM CT were perfectly matched to each other: A high-contrast 3k X-ray detector generates a very fine pixel grid (3008 x 2512 pixels) and thus lays the foundation for high-precision detection of the measured components. 5-axis kinematics with integrated centering table makes it easier for the user to position the component optimally in the measuring volume, so that the measurement is always performed with the best possible resolution. An additional plus: Within the measuring volume (diameter: 240 mm, height: 400 mm) several objects can be measured simultaneously in one scan, further reducing processing times. Thanks to the proven GOM technology the GOM CT ensures high precision and repeatable measurement results.

Data acquisition and evaluation in one software package

As with all GOM metrology systems, the control of the device, data acquisition and evaluation are combined in a single software package. This means that no further software is required; the chain from recording the raw data to creating the measurement report is greatly simplified.

Exact Metrology will house a GOM CT scanner at their Brookfield, Wisconsin location. Once there, it will be used for customer demonstrations and educational purposes, as well as contract scanning.


For more information, please see:

https://www.exactmetrology.com/metrology-equipment/gom-ct-scanner

Exact Metrology is an ISO 9001, AS9100 and ITAR Certified Company.

Exact Metrology, Inc. 

Exact Metrology, with facilities in Cincinnati and Milwaukee and affiliated offices throughout the country, is a comprehensive metrology services provider, offering customers 3D scanning, reverse engineering, quality inspection and product development. The company also provides turnkey metrology solutions, including equipment sales and lease/rental arrangements. 

GOM GmbH

GOM develops, produces and distributes software, machines and systems for 3D coordinate measuring technology, 3D computed tomography and 3D testing based on latest research results and innovative technologies. With more than 60 sites globally and more than 1,000 metrology specialists, GOM guarantees professional advice as well as support and service. More than 14,000 system installations improve the product quality and manufacturing processes in the automotive, aerospace and consumer goods industries.

For more information on this development or to arrange a demonstration of the equipment, please contact:

EXACT METROLOGY, INC.
Steve Young
20515 Industry Avenue
Brookfield, WI 53045
Phone: 614-264-8587
Local: 866-722-2600
www.exactmetrology.com
stevey@exactmetrology.com

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Cooling Chamber from Grieve

Grieve Cooling Chamber 807No. 807 is a cooling chamber from Grieve, currently used for cooling oven trucks of steel parts at the customer’s facility. Workspace dimensions of this cooling chamber measure 84” W x 96” D x 72” H. 7000 CFM, 7 1/2-HP remote mounted exhaust blower to pull room air through load and exhaust.

This Grieve cooling chamber has aluminized steel construction, ¼” plate floor and is sectioned to pass through a 72” wide doorway.

No. 807 has twelve (12) 24” x 24” x 6” thick HEPA filters installed at top of workspace to filter exhausted air.


For more information, please contact:
THE GRIEVE CORPORATION
500 Hart Road
Round Lake, Illinois 60073-2835
Phone: (847) 546-8225
Fax: (847) 546-9210
Web: www.grievecorp.com
Email: sales@grievecorp.com
Attention: Frank Calabrese

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Kurt Machining Utilizes Live Tool Speed Increaser, Realizes 9x Tool Cost Savings in Less Than a Year

Minnesota CNC shop uses Heimatec speed increaser to up RPM and feed rate; significantly reduces cycle time on aluminum engraving application

Kurt Machining (Minneapolis, Minnesota) specializes in providing precision CNC machined parts, using state-of-the-art technologies and up to 5-axis machining.  Since 1952, this 110,000 sq. ft. shop has provided its customers in a variety of high-quality demand markets with components and welded assemblies.  These include aerospace, defense, semiconductor, energy, automotive and more.  A very flexible shop, Kurt produces parts ranging from micron-sized semiconductor components to 2000 lb. workpieces for the defense sector.

On a recent project, where 5000 pieces of 6060 aluminum were to be engraved on a Hwacheon horizontal turning center, Kurt Engineering Manager, Shawn Eisenshank, had concerns over the cycle times.  He turned to his local tooling distributor, Abrasive Specialists, Inc. (ASI) and their tooling partner, Platinum Tooling, for suggestions.  Leigh Kinnan of ASI worked with the local Platinum Tooling representative, Cody Papenfus, to test run a Heimatec speed increaser, with the goal of increasing RPM on the machine and decrease part cycle time, with a documentation of the potential savings.  After performing the calculations in consultation with Preben Hansen, president of Platinum Tooling and exclusive importer for Heimatec products in North America, it was determined a significant savings could be realized.

Detailing the application, ASI demonstrated that a 1:3 speeder, increased the spindle RPM enough that when coupled with the nearly 3X increase in the feed rate on the machine, would produce a significant improvement to the current machining cycle.  Calculating the reduction in machining cost per part and factoring the cost of the speed increaser, it was determined the use of the Heimatec product onboard the Hwacheon turning center would result in a 9X cost saving for the customer, in the first year’s production run on this engraved aluminum component.

As Shawn Eisenshank notes, “This is one of those classic scenarios, where the theoretical has proven out in practice, as we’ve seen exactly the results ASI and Platinum Tooling proposed in their test calculations.”

Cody Papenfus of Hexis in Plymouth, Minnesota, who is the area rep for Platinum Tooling adds, “We say we put our expertise to work at the spindle of the machine and, in this case, that’s exactly what happened.  The speed increaser performed as expected, the customer got the results promised and it was a win-win, for all.  We serve our customers for the long haul and successes like this one are the big reason.”

Kurt Machining performs both vertical and horizontal milling and turning, complex assemblies and weldments, delivering with rapid lead times.  CAD compatibility is offered for web-based communications and fully interactive manufacturing engagement for its customers.  The company performs contract manufacturing in high quantity as well as prototyping for new designs.  Kurt also performs impact extrusion, heat treating and cleanroom operations including ultrasonic cleaning of stainless steel and aluminum components and assemblies, with cleaning to Class 1000 with 100 protocol.  The company is ISO 9001:2015 and AS9100D plus NADCAP Certified.  Kurt Machining is quality certified by the U.S. Government to MIL-Q-9858 and MIL-I-45208.


For further information on the application discussed in this story, please contact:

Shawn Eisenshank, Engineering Manager
KURT MACHINING
5280 Main Street NE
Minneapolis, MN 55421
Phone:  763-572-1500
Fax:  763-572-9878
Web:  www.kurtmachining.com

or

Preben Hansen, President
PLATINUM TOOLING TECHNOLOGIES, INC.
16 E. Piper Lane
Suite 128
Prospect Heights, IL 60070
Phone:  847-749-0633
Fax:  847-749-2445
Web:  www.platinumtooling.com
Email:  phansen@platinumtooling.com

 

 

Platinum Tooling Technologies, Inc. is the exclusive importer for North America of quality tooling from around the globe.  The company currently represents Heimatec live tools and angle heads, Tecnicrafts collets and guide bushings for Swiss machines, Henninger spindle speed increasers for machining centers, AMF marking and cleaning tools plus Suzuki Swiss speed increasers.   In addition, Platinum Tooling engineers application-specific specialty tools at its location in the Chicago area.  The company is led by its president, Preben Hansen, a longtime veteran of the tooling industry and an acknowledged authority on machine tooling and accessories.

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Exact Metrology Introduces New Artec LEO 3D Scanner

With its ability to scan both expansive areas and fine details, Artec LEO can scan a variety of objects, from small mechanical parts to the human body, cars, boats or crime scenes.

Scanning mummyEffective immediately, Exact Metrology is proud to announce the availability of its Artec LEO 3D scanner, the first scanner to offer onboard automatic processing with an integrated touch panel viewer. This frees users from being tied to a computer for data capture.

The scanner has a 3D reconstruction rate of 80 frames per second, making it the fastest professional scanner on the market. With its large field of view, Artec LEO can scan and process large objects and scenes quickly and accurately.

It features data acquisition up to 4 million points/second, with a working range of .35-1.2 m. The 3D resolution on this scanner is up to .5 mm and 3D point accuracy up to .1mm. State-of-the-art technologies including the NVIDIA® JetsonTM platform, which is the scanner’s internal computer, featuring Quad-core ARM® Cortex® -A57 MPCore CPU and NVIDIA MaxwellTM 1 TFLOPS GPU with 256 NVIDIA® CUDA® Cores; a built-in 9 DoF inertial system- accelerometer, gyro and compass. This allows the scanner to understand its position and environment; and a two-in-one optical system designed to spec for the most exact texture to geometry mapping.

LEO has the ability to scan in sunlight, as well as capture dark and shiny objects. As will all Artec scanners, LEO uses advanced hybrid technology and texture tracking. Therefore, you can point at your object and shoot. There is no need to stick targets and remove them. The texture resolution is 2.3 mp.

This handheld scanner is equipped with a 4” LCD screen to capture images of the data. The 3D light source is provided by state-of-the-art VCSEL (Vertical-Cavity Surface-Emitting Laser) technology. With no need to connect to a computer or to plug in to a main power source, users can hold the scanner and walk around freely, scanning without worrying about wires or additional equipment. Artec LEO’s battery pack allows users to scan for 3.5 to 4 hours. Supplementary battery modules permit unlimited 3D scanning on expeditions or in remote areas. There are 2 cameras on this scanner. One is a range camera for 3D geometry and another is a color camera. The color camera captures color texture data. Besides built-in battery and wireless connectivity, Artec LEO can stream to a second device and upload the data.

  • Exact Metrology scanning crime scene
  • Exact Metrology Scanner
  • Exact Metrology scanning human body
  • Exact Metrology scanning car

Exact Metrology, with facilities in Cincinnati and Milwaukee and affiliated offices throughout the Midwest, is a comprehensive metrology services provider, offering customers 3D scanning, reverse engineering, quality inspection, product development and 2D drawings. The company also provides turnkey metrology solutions, including equipment sales and lease/rental arrangements.

 

For information, please contact:

EXACT METROLOGY, INC.
Dean Solberg
20515 Industry Avenue
Brookfield, WI 53045
Phone: 262-533-0800
Local: 866-722-2600
www.exactmetrology.com
deans@exactmetrology.com

 

Steve Young
Exact Metrology, Inc.
11575 Goldcoast Drive
Cincinnati, OH 45249
Phone: 614-264-8587
Local: 513-831-6620
www.exactmetrology.com
stevey@exactmetrology.com

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Schuler Focuses on New Markets and Digital Business Models

  • Incoming orders increased by ten percent in 2018
  • Continued pressure to implement adjustments in Germany negatively impacted sales
  • Joint venture with Porsche to be launched in 2019

Schuler intends to gain new market share through consistent digitalization.

In the 2018 fiscal year, Schuler increased its order intake by ten percent with successful sales in new markets and digitized applications. However, ongoing pressure to make business adjustments in Germany, international trade conflicts and special effects had a significant negative impact on the Göppingen-based press manufacturer’s sales. “We will consistently focus Schuler on new markets, digital business models and profitable core businesses,” said CEO Domenico Iacovelli, in office since April 2018, when speaking to journalists on Wednesday, March 6. In mid-2019, Schuler and Porsche plan to start building their joint high-tech press plant, which has now finally been approved for construction.

 

Order rise but 2018 sales down slightly compared to previous year

Schuler’s incoming orders rose to € 1,255 billion in 2018 (previous year: € 1,141 billion). Despite the rather low order backlog at the end of 2017, Group sales remained virtually unchanged at € 1,212 billion (previous year: € 1,220 billion). The regions of Europe and China grew, while business in North America suffered some losses.

Sales margins were subject to multiple burdens. The challenges posed by the new WLTP test procedure for automobile manufacturers led, particularly in Germany, both to the abandonment of new capacities and to the postponement of already agreed projects. At the same time, costs rose due to the collective wage agreements from recent years. Customer business in China suffered from the trade conflict between China and the USA.

In 2018, Schuler had extraordinary expenses in the low double-digit million Euro range due to capacity adjustments within the Group and write-downs on the capitalized goodwill of the die manufacturing subsidiary AWEBA. EBITA fell to € 45.3 (111.9) million. Schuler achieved consolidated earnings after tax of € 13.5 (67.4) million.

 

Cautious optimism for 2019 and beyond

Headquarters

The corporate headquarters in Göppingen, Germany.

At the end of 2018, Schuler’s equity capital ratio of 40.1 (38.1) percent of the balance sheet total was still above average in the German mechanical and plant engineering sector. The company employed 6,575 (6,570) people worldwide, 4,195 (4,237) of them in Germany – which is barely any fewer than in the previous year.

CFO Norbert Broger said, “2018 was a very challenging year in terms of operation and strategy. This is why it was all the more important that we were able to reverse the negative trend in incoming orders and achieve an increase of ten percent for the first time. We therefore entered the new year with a decent order backlog of € 926 million. Therefore, and thanks to the cost reduction measures already initiated, we are confident that we will be able to show medium-term earnings improvements.”

 

Concentration on the profitable core business

Irrespective of the positive order development, the pressure to adapt remains high, especially in Germany, said CEO Iacovelli. “In 2018, we therefore began making Schuler more dynamic and bringing customer-driven innovations to market more quickly. The aim is to concentrate on the Group’s profitable core business and increase profitability in the coming years. This includes the consistent segregation of loss-making business areas, wherever necessary.”

In recent months, Schuler has developed new product strategies for each business division. Expensive “over-engineering” needs to be a thing of the past. Schuler has already decided to withdraw from the unprofitable production of packaging machines and lines for the production of large-diameter pipes in 2019.

 

Expansion of service business and value creation in China

Cost benefits in production in China and Brazil are to be exploited to a greater extent and the global service network is also to be expanded in Germany. The locations in China will receive additional engineering positions. 

 

“Smart Press Shop” with Porsche sets new standards

new press shop

The new press shop as part of the joint venture with Porsche will set new standards for the automotive industry both in terms of performance in industrial manufacturing and in the digital networking of data streams in the production process.

Beginning in 2019, Schuler and Porsche will build what is said to be the world’s most modern press plant for the digitized automobile production of the future in Germany. Operation is scheduled to go on line in 2021. “The establishment of the corresponding joint venture between the two companies under the name ‘Smart Press Shop’ is perfect,” said Schuler CEO Iacovelli. “The new press shop will set globally high standards for the automotive industry, both in terms of performance in industrial manufacturing and in the digital networking of data streams in the production process,” he explained.

The new Smart Press Shop will supply the Porsche plant in Leipzig in particular with body parts at low logistical cost and with the lowest possible ecological impact. For Schuler, this joint venture is an example of close cooperation with the world’s leading automobile manufacturers. “At the same time, we are focusing on new markets and digital business models,” said CEO Iacovelli. Schuler intends to gain additional market shares in 2019 with new mechanical presses in the mid-price segment and consistent digitization of the main product lines. “For Schuler and our customers, digitization is not a vision, but a reality. And it is, above all, a great opportunity for all of us – not a risk,” explained the Schuler CEO.


For further information on Schuler Inc., North America, please contact:

Guido Broder, VP
Schuler Incorporated
7145 Commerce Blvd.
Canton, MI 48187 USA
734-207-7200
info@schulerinc.com
www.schulergroup.com

 

About the Schuler Group – www.schulergroup.com

Schuler offers customer-specific cutting-edge technology in all areas of forming technology – from networked presses to press shop planning. In addition to presses, the product portfolio also includes automation and software solutions, dies, process know-how and service for the entire metalworking industry. Its customers include automobile manufacturers and automotive suppliers, as well as companies from the forging, household appliance and electronics industries. Presses from the Schuler Group also mint coins for more than 180 countries. As a provider of innovative system solutions, we support our customers worldwide in the digital transformation of forming technology. In the 2018 fiscal year, Schuler generated sales of € 1,212 billion. Schuler AG, founded in 1839 at its headquarters in Göppingen (Germany), has approx. 6,600 employees at production sites in Europe, China and America, as well as service companies in over 40 countries. The company is majority-owned by the Austrian ANDRITZ Group.

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