Corporate | 5 November 2010 08:00
Manz Automation AG / Key word(s): Miscellaneous
05.11.2010 08:00
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Reutlingen, November 5, 2010 - Germany's Federal Chancellor Dr. Angela
Merkel and Minister President Stefan Mappus visited Manz Automation AG
yesterday. This company is one of the world's leading technology providers
for the photovoltaic and flat panel display industries. In her meeting with
the management of the Reutlingen-based engineering company, the Chancellor
wanted to learn about Manz Automation AG's innovation strategy, and also
about how it has managed to combat the impact of the financial and economic
crisis.
After addressing the employees, visiting selected production facilities and
holding talks with the Managing Board and employee representatives,
Chancellor Merkel praised the company's successful strategy and Dieter Manz
as an entrepreneur and visionary. Manz Automation has emerged from the
economic and financial crisis in a stronger position, and is a prime
example of how globalization also offers opportunities. She also commended
the company's employees for having accepted short-time work. This
instrument helped Manz Automation to keep employees with the company and to
secure expertise in research and development in particular. This is a key
driving force behind the company's further growth.
CEO Dieter Manz thanked Chancellor Merkel on behalf of the company's entire
workforce for both her encouragement, and that of the Minister President:
'The government has set the tracks in the right direction at an early
stage. I am sure that this was a decisive factor for the current economic
recovery.' At the same time, he called on the federal government to
consistently continue the course it has taken in the photovoltaic sector:
'Solar energy has enormous potential to secure energy requirements for
future generations. Far-sighted decisions by the government mean that we
are also able to position the German engineering industry as a technology
leader on the global photovoltaic market for years to come, thus helping
solar power to make the breakthrough.' Dieter Manz believes that this
includes, in particular, subsidizing new technologies and also carefully
adjusting remuneration for feeding electricity into the grid. 'It is only
possible to smooth the path for innovations by constantly reducing the
feed-in rates. The most innovative solutions are from Germany, accounting
for around 70% of deliveries worldwide. That means that our industry is a
market leader. Favorable underlying political conditions mean that our
country will thus also contribute to developments in the photovoltaic
sector over the long term, and thus participate in the immense potential
this sector offers,' commented Dieter Manz.
Company profile: Manz Automation AG
Reutlingen-based Manz Automation AG (ISIN: DE000A0JQ5U3) is one of the
world's leading technology providers for production systems in the
photovoltaic industry, the FPD industry and for Li-ion battery production.
The Manz Group's core competences are in robotics, image processing, laser
technology, quality assurance, metallization, wet chemicals as well as
control and drive technology. In-depth research and development activities
mean that Manz Automation now ranks among the world's technology leaders in
these segments. Manz has special photovoltaic experience in the field of
integrated system solutions for the manufacture of crystalline solar cells
and thin-film solar modules. With regard to the latter, the company is
characterized, in particular, by its unique expertise in CIGS technology.
Manz is the only provider to have access to a 30 MW CIGS reference factory,
run by its strategic alliance partner Würth Solar. This factory has been
tried-and-trusted since 2006 with 24/7 operations, and offers the highest
effectiveness recorded to date in mass production. The factory is available
as part of the strategic alliance with Würth for the further development of
production technology and the qualification of new processes and materials.
The Manz Group has sales and service branches in Germany, Taiwan, the USA,
China, South Korea, India and Spain. In addition, the Manz Group has its
own production facilities in Germany, Slovakia, Hungary, Taiwan and China.
Investor relations contact:
cometis AG
Ulrich Wiehle / Dominic Großmann
Tel.: +49 (0)611 - 205855-15
Fax: +49 (0)611 - 205855-66
E-Mail: grossmann@cometis.de
Public relations contact:
Manz Automation AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
E-Mail: abartmann@manz-automation.com
Photos will be distributed by mecom-bildkanal and available at
http://ir-cockpit.equitystory.com/cgi-bin/fncls.ssp?fn=mecomi&news_id=102537
Caption: Angela Merkel und Stefan Mappus zu Besuch bei Manz Automation AG
05.11.2010 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Manz Automation AG
Steigäckerstr. 5
72768 Reutlingen
Deutschland
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: info@manz-automation.com
Internet: http://www.manz-automation.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Düsseldorf, Berlin, Stuttgart
End of Announcement DGAP News-Service
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