Ceratizit embarks on global growth strategy
December 18, 2013
Ceratizit, headquartered in Mamer, Luxembourg, is putting into place what it calls its sustainable growth strategy in order to increase the company’s global presence. The cutting tool and wear part producer, a member of the Plansee Group, maintains an active presence in over 50 countries. The company supplies customers in the automotive industry, mechanical engineering, oil industry, medical systems, electronics and tools and mould construction.
The new Ceratizit hardmetal manufacturing plant in Reutte, Austria.
Ceratizit reports that it will upgrade and expand production capacity at a number of sites including a new 7,800 m2 manufacturing plant in Reutte/Breitenwang, Austria. The new plant will allow the site to double its production of cemented carbide inserts and increase solid carbide rod production by up to 50%.
Thierry Wolter, Ceratizit board member in
charge of cutting tools
In the USA and India, Ceratizit has already expanded its regional manufacturing plants, and upgrading work is due to commence on the production facilities at the group’s headquarters in Mamer, Luxembourg. The company is also expanding production capacity for tungsten carbide powder at its plant in Empfingen, Germany,
“We have a clear understanding of the technical, logistical and other types of requirements Ceratizit needs to fulfil, both now and in the future, to satisfy our end customers, tool manufacturers and the technical tools trade,” stated Thierry Wolter, Ceratizit board member in charge of cutting tools.
www.ceratizit.com
