SEISSENSCHMIDT group locks 2006 with record conversion

Precision Components (openPR) - the automobile supplier SEISSENSCHMIDT locked the financial year 2006 with the highest conversion of enterprise history. With its approximately 400 coworkers gained the enterprise 137.6 million euro. SEISSENSCHMIDT his conversion thereby to 13. Times in consequence increased. In the comparison to the previous year the manufacturer of precision components reached a plus of nearly nine per cent.

Above all the export trade contributed to this positive development. Here the SEISSENSCHMIDT group improved its conversion by 24 per cent on 47 million euro. Also with the inland business the Plettenberger could add manufacturers of precision components. Altogether SEISSENSCHMIDT inland scarcely 91 million euro set over - 2.5 per cent more than in the year 2005. The continuous development of the production capacities has to the positive result contributed, thus Ruediger Groos, member of the board SEISSENSCHMIDT AG.

In the past year the Plettenberger enterprise continued to remove its modern machinery systematically. Since the autumn SEISSENSCHMIDT for example an automatic multistage press of the type is TC 75 XL in the use with. With the TC 75 XL can be manufactured for example flange with Schaft-Längen up to 180 mm and an outside diameter of 180 mm particularly economically. Also heavy products such as wheels or hubs with a finished unit weight of approximately six kilograms can be manufactured problem-free. „Our new press comes on approximately 4,000 precision components in the hour. It can process up to 20 tons steel “, thus Hermann Josef Mueller, Vorstandsmitglied SEISSENSCHMIDT AG. The investment volume of ten million euro makes the press the largest single investment in the 160-jährigen firm history.

Beside the solid investments in Plettenberg SEISSENSCHMIDT AG has 2006 also its international commitment developed. In Gyöngyös (Hungary), approximately 80 kilometers northeast from Budapest, started the construction work for a new work in the past year. In the spring the first machines in the new workshop are to be set up. „With our subsidiary company Precision Components Kft SEISSENSCHMIDT. if we will more strongly open Eastern European market from Gyöngyös central and “, so Ruediger Groos.

The Presseinformationen of SEISSENSCHMIDT are callable also in the Internet, in the press range on www.seissenschmidt.de.

Partner for further inquiries:

SEISSENSCHMIDT AG
Stefan Levermann
Leader marketing communication
Tel.: +49 2391 915,282
s.levermann@seissenschmidt.de

The SEISSENSCHMIDT group is recognized partner of the international automobile industry. Precision components of SEISSENSCHMIDT are used into the drive and chassis technology system supplier prominent with nearly all car manufacturers as well as. With the subsidiary company Components processing GmbH SEISSENSCHMIDT + CO. Kg, which is specialized in the mechanical treatment of the blank forgings, served SEISSENSCHMIDT the rising demand for components ready to be installed and a larger manufacturing depth. Is international the SEISSENSCHMIDT group with SEISSENSCHMIDT corporation in the USA, SEISSENSCHMIDT Precision Components Kft. in Hungary and numerous representations abroad present. In the past year gained SEISSENSCHMIDT with approximately 400 coworkers a conversion of 137.6 million euro.

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