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Electronics Production |

LPKF invests EUR 14 million in new production space

Laser specialist LPKF, extends its laser plastic welding business as 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. And now, the company invests EUR 14 million in new production and office spaces. LPKF laser welding systems are integrated in production plants for the manufacture of automotive parts. 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 sqm, the 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 EUR 14 million, the biggest single investment in the history of the company,” explains CEO Dr. Ingo Bretthauer.

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March 28 2024 10:16 am V22.4.20-2
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