DGAP-News: LPKF extends its laser plastic welding business
(firmenpresse) - DGAP-News: LPKF Laser&Electronics AG / Key word(s): Real Estate
LPKF extends its laser plastic welding business
12.06.2013 / 09:57
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Laser specialist invests 14 million euro in new production and office
spaces
Garbsen, 12th June 2013 - LPKF is one of the leading global suppliers of
laser welding systems for plastics. This product area has been growing
rapidly for a number of years. Revenue growth was hindered recently due to
capacity bottlenecks at the location of Erlangen.
This week the board of directors of the LPKF Group sealed the planned move
to a new production and office building by signing a purchase contract. At
around 10,000 m²the new premises in Fürth is more than twice as big as the
previous location and offers further potential for expansion.
According to Frank Brunnecker, head of the Laser Welding Department, one
priority is a marked reduction in delivery times: 'We don't want to test
the patience of our clients any longer. And we definitely don't want to
reject any orders due to capacity limits!' Production should already be
starting in Fürth by August this year; all of the 125 employees will have
been permanently relocated by 2014.
'This investment in the premises in Fürth is, at a cost of up to 14
million euro, the biggest single investment in the history of the company,'
explains CEO Dr. Ingo Bretthauer. This clearly illustrates the growth
potential LPKF attributes to laser plastic welding.
Laser plastic welding is replacing the conventional joining processes in
many areas such as bonding or ultrasonic welding. Production is
increasingly being shifted to laser welding procedures, particularly in the
automotive, pharmaceutical technology and consumer sectors.
About LPKF
LPKF Laser&Electronics AG specializes in the production of laser systems
for micro material processing, a field in which it is the world leader in
several sectors. Founded in 1976, the Group has its headquarters in Garbsen
near Hannover in Germany and does business around the world together with
its subsidiaries and representatives. LPKF has 706 employees globally. The
shares in LPKF Laser&Electronics AG are traded on TecDAX index of the
Frankfurt Stock Exchange (ISIN 0006450000).
End of Corporate News
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12.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: LPKF Laser&Electronics AG
Osteriede 7
30827 Garbsen
Germany
Phone: +49 (0) 5131 7095-0
Fax: +49 (0) 5131 7095-95
E-mail: investorrelations(at)lpkf.com
Internet: www.lpkf.comISIN: DE0006450000
WKN: 645000
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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215984 12.06.2013
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Datum: 12.06.2013 - 09:57 Uhr
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