Memmert Invests in Location in Germany

Memmert, the Schwabach Germany–based manufacturer of ovens and climate chambers is putting into operation a new punching and bending line with a total investment of 3 million Euros.

According to Spectaris, the German professional association for analysis, biological and laboratory technology, the turnover of German companies in this sector fell by some 8% in the crisis year of 2009
compared to the year before. Countering this trend, Memmert was able to hold its turnover at about the same level. In August 2010, growth figures are already in double digits compared to the previous year’s turnover, putting Memmert on a healthy growth course. During the official start-up of the new punching and bending line, managing director Christiane Riefler-Karpa made clear that the successful company policy of the past will be continued. “Instead of concentrating on volume and having to make compromises in quality and fittings as seen in our competitors, we will now be able to implement individual customer requests during production on absolutely competitive terms and, not least, in a very short time”

The investment was made in the new Salvagnini processing line for punching and bending sheet metal. With a total length of 36 metres, this is the largest and most modern installation of its kind in Europe, a source said. This project goes hand in hand with other large-scale investment projects already completed, such as a new appliance testing centre and represents a central factor in Memmert’s competitiveness. It secures 160 jobs in Germany, with increasingly optimistic employment prospects.