Corporate | 19 August 2015 07:31
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Manz AG / Key word(s): Incoming Orders
Manz AG: Major orders in assembly automation
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Follow-up orders of around EUR 10 million for equipment for automated assembly
– Precise solutions for efficient manufacture of consumer electronics – Trend toward automation continues in Asia
Reutlingen, August 19, 2015 – Manz AG, one of the world’s leading high-tech equipment manufacturers with an extensive technology portfolio covering the three strategic business segments of “Electronics”, “Solar” and “Energy Storage,” has received several follow-up orders in the amount of around EUR 10 million for the automated assembly of notebooks and other consumer electronic devices. With these new orders in this segment, the company is benefiting from the continuing trend toward automation of production in the Asian countries, especially China.
“I am very pleased with these follow-up orders. They are the result of great customer satisfaction and demonstrate that we are meeting the needs of the industry with our equipment,” comments Dieter Manz, CEO and founder of Manz AG. “There is no doubt that the trend toward automation will continue in the manufacturing companies of Asia. I see good opportunities for further orders in this area for us as a high-tech equipment manufacturer.” The drivers behind this trend in Asia are rising wage costs in countries like China, requirements for consistently high product quality, but also issues like the protection of intellectual property. With its locations in Germany, Taiwan and China, Manz AG offers German engineering at locally competitive prices and thus is very well positioned in this market. Company profile: Manz AG – passion for efficiency As one of the world’s leading high-tech equipment manufacturers, Manz AG, based in Reutlingen, Germany, is a pioneer for innovative products in fast-growing markets. The company, founded in 1987, has expertise in seven technology sectors: automation, laser processing, vacuum coating, screen printing, measurement technology, wet-chemical and roll-to-roll processing. Manz deploys and further develops these technologies in three strategic business segments: “Electronics,” “Solar” and “Energy Storage.” The company, led by founder Dieter Manz and listed on the stock exchange in Germany since 2006, currently develops and produces in Germany, China, Taiwan, Slovakia, Hungary and Italy. It also has sales and service branches in the USA and India. At the beginning of the year 2015, Manz AG had approximately 2,000 employees, around half of which are employed in Asia. With its claim “passion for efficiency,” Manz gives its clients, who are active in dynamic industries of the future, its performance promise: to provide production systems with the highest level of efficiency and innovation. Thanks to its extensive expertise in the development of new production technologies and the required equipment, Manz AG contributes substantially to lowering the production costs of end products and making them available to large buyer groups worldwide. Investor Relations Contact
cometis AG
Manz AG
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| Language: | English | |
| Company: | Manz AG | |
| Steigäckerstr. 5 | ||
| 72768 Reutlingen | ||
| Germany | ||
| Phone: | +49 (0) 7121 9000-0 | |
| Fax: | +49 (0) 7121 9000-99 | |
| E-mail: | info@manz.com | |
| Internet: | http://www.manz.com | |
| ISIN: | DE000A0JQ5U3 | |
| WKN: | A0JQ5U | |
| Indices: | TECDAX | |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart | |
| End of News | DGAP News-Service |
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| 387891 2015-08-19 |