DGAP-News: Manz Automation AG opens development center for vacuum-coating technology
(firmenpresse) - Manz Automation AG / Miscellaneous
22.04.2010 08:00
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- Vacuum-coating technology being established as a further core competence
- Initial contributions to revenues expected in 2011
Reutlingen, April 22, 2010 - Manz Automation AG, one of the world's leading
technology providers for the photovoltaic and flat panel display (FPD)
industry, has opened a development center for vacuum-coating technology in
Karlstein (Hanau / Aschaffenburg region / Germany). The newly established
subsidiary Manz Coating GmbH started work on March 1. The core team with
extensive, long-standing expertise in developing and building
vacuum-coating equipment has commenced its activities at the new location.
The team is to be further expanded during the course of the year and all of
the competences needed to develop vacuum-coating equipment and processes
are to be bundled at this location. In addition, Manz also plans to set up
a technical lab to develop and test new coating methods and technologies.
Developing vacuum-coating equipment for crystalline solar cells and
thin-film solar modules is a key milestone in the company's growth. As a
result, the future share accounted for by the machines developed and
produced by the Manz Group for both technologies will increase to up to
90%. This very high internal percentage of own machines allows extensive
integration of individual machines and processes. Consequently, the costs
of production lines can be reduced still further, and the potential to
increase efficiency to be even better exploited.
Establishing vacuum-coating technology as an additional core competence
opens up substantial potential for revenues over the medium term. That is
why entering this segment is a key strategic step for Manz in order to
further drive the company's growth. The company plans to produce the
machines at the Manz facilities in Europe and Asia and the new technology
is forecasted to make initial contributions to increasing revenues from
mid-2011.
Dieter Manz, Manz Automation AG's CEO, is very pleased to once again
achieve a key strategic target: 'We have succeeded in acquiring top-quality
specialists for the design and development of vacuum-coating equipment.
That is why we are very confident that, within the briefest of development
periods, and that means in 2011, we will be able to launch the first
innovative machines on the market. This is a decisive step for positioning
Manz Automation as a provider of technology and process machines, and, in
particular, to future-proof the entire group. This not only rounds out our
product range, but also creates a broader technology footing to achieve
future increases in efficiency for products in all of our company's
divisions.'
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. 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(at)cometis.de
22.04.2010 08:00 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
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(at)manz-automation.com
Internet: http://www.manz-automation.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Indices: TecDAX
Listed:Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart
End of News DGAP News-Service
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Datum: 22.04.2010 - 08:00 Uhr
Sprache: Deutsch
News-ID 19474
Anzahl Zeichen: 0
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Kategorie:
Business News
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