Media | 29 October 2013 11:36
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Dürr boosts its clout in North America
Dürr de México was founded as early as 1966. The company has since supplied almost all carmakers represented in Mexico with painting technology and other production equipment. For a number of years now, Dürr de México has also participated in handling orders placed by the aircraft industry. Together with the US company Dürr Systems Inc., Dürr de México constitutes a powerful North America unit. The two companies are run by a shared management team. As part of the global production and engineering network of the Dürr Group, Dürr de México also supports large-scale projects in other regions of the world, such as in China and North Africa. The construction of the new location in Querétaro in central Mexico is part of a global investment program with which Dürr adjusts its capacities in response to the growing volume of business. From 2009 to 2012, Group sales increased from EUR 1.1 to EUR 2.4 billion. Further growth is expected in 2013. Against this backdrop, Dürr plans to raise the level of investments to approx. EUR 50 million in the current year (2012: EUR 32.5 million).
At the end of September, the Group commissioned a new mechanical engineering location with over 600 employees in Shanghai. Dürr has also invested in newbuilds or in modernizing locations in Germany, South Africa, Poland, Brazil, and Switzerland. In Japan, a technology center with demonstration facilities is to be built in the near future.
Dürr is a mechanical and plant engineering group that holds leading positions in the world market in its areas of operation. It generates a good 80% of its sales in business with the automotive industry. It also supplies the aircraft, machinery, chemical, and pharmaceutical industries with innovative production and environmental technology. The Dürr Group operates in the market with four divisions: Paint and Assembly Systems plans and builds paint shops and final assembly systems for the automotive and aircraft industries. Application Technology provides automated paint application, sealing, and glueing with its robot technologies. Machinery and systems from the Measuring and Process Systems division are used in balancing and cleaning processes in engine and transmission manufacturing and in final vehicle assembly, among other areas. The fourth division, Clean Technology Systems, specializes in processes to improve energy efficiency and exhaust air purification. Dürr has 52 business locations in 23 countries worldwide and approximately 7,900 employees. The Group achieved sales revenues of EUR 2.4 billion in 2012.
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End of Media Release Issuer: Dürr Aktiengesellschaft Key word(s): Industry 29.10.2013 Dissemination of a Press Release, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| Language: | English | |
| Company: | Dürr Aktiengesellschaft | |
| Carl-Benz-Str. 34 | ||
| 74321 Bietigheim-Bissingen | ||
| Germany | ||
| Phone: | 07142 78-1785 | |
| Fax: | 07142 78-1716 | |
| E-mail: | investor.relations@durr.com | |
| Internet: | www.durr.com | |
| ISIN: | DE0005565204, DE000A1EWGX1, | |
| WKN: | 556520, A1EWGX | |
| Indices: | MDAX | |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München | |
| End of News | DGAP-Media |
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| 236637 29.10.2013 |