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Keywords of this article:  automotive 
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Arburg held its press conference on the day before K 2019 kicks off.
Arburg held its press conference on the day before K 2019 kicks off.

At the company’s press conference held on the day before K 2019 kicks off, Michael Hehl, Managing Partner and Speaker of the Board of Directors, Arburg casted a brief glance at the current economic situation.

According to him, in 2019, Arburg is very unlikely to reach the record sales revenues of €754 million achieved in 2018. “In view of general economic developments, any other outcome would come as a real surprise,” he said.

There has been a tangible downturn in order intake levels. Investment levels in new equipment by the automotive industry in particular, beset as it is by a process of profound change, are currently low to non-existent.

Michael Hehl, Managing Partner and Speaker of the Board of Directors“In overall terms, this decline in order intake primarily affects less complex machines. Demand for our technologically challenging solutions and turnkey systems remains robust,” Michael Hehl explained.

Gerhard Böhm, Managing Director Sales, also remarked the headwinds faced in the automotive industry. “Investments at the present time, with the exception of special projects, are restrained because there is no clear and definitive vision of the technology of the future”, he said.

Nevertheless, Gerhard Böhm added that it is already possible to state that plastic will continue to play a significant role in automotive construction because it is such a versatile material.

Investing in the positive future

Michael Hehl pinpointed one good thing about the current situation, which is the shorter delivery lead times created due to the economic slowdown. Arburg most certainly views this as an opportunity for generating new business.

Jürgen Boll, Managing Director Finance Controlling IT and Gerhard Böhm, Managing Director Sales (left to right).Despite the fairly difficult environment at present, Arburg views the future in positive terms. “As we have practiced successfully in the past, we invest on an anti-cyclical basis with an eye to the future, in technology, infrastructure and also personnel,” he emphasized.

For the expansion in Lossburg headquarters and central production site, construction of new assembly building for large ALLROUNDER and turnkey systems is progressing very rapidly. Planning for moving into the ground floor is scheduled in the second half of 2020.

Meanwhile, the official opening of the Training Centre is scheduled to coincide with our Technology Days in 2020. These are large investments and each of which is in double-digit millions of euro.

Machine being launched: The big ALLROUNDER 1020 H in packaging version, featuring a clamping force of 6,000kN and a new injection unit of size 7000.Apart from Germany, Arburg is also expanding its international operations in other countries in Europe and the US.

At present, the company is increasing the size of the head office of its US subsidiary in Rocky Hill, Connecticut, by about 50%. This new hall will facilitate the assembly and acceptance testing of complete turnkey systems which is still expanding in the US.

Italy is Arburg’s most important European market. The company is currently in the process of doubling the surface area of its business premises to more than 1,900sqm. These new premises are expected to be ready for use in early 2020.

In addition, the subsidiary in France will have a new building, which means its surface area will be expanded about 25% to almost 1,600sqm.

arburgXworld and arburgGREENworld

Arburg’s trade fair presence at K 2019 focuses very much on the two topics of Digitalisation and Circular Economy. With the “arburgXworld” and “arburgGREENworld”, the company is illuminating one world from two viewpoints.

Check out some exhibit highlights of Arburg here: 
https://www.adsalecprj.com/Publicity/MarketNews/lang-eng/article-67032931/NewsArticle.aspx

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