19.07.2017 10:39:26
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DGAP-News: Grammer AG
DGAP-News: Grammer AG / Key word(s): Miscellaneous Grammer: state-of-the-art headrest production at the Schmölln plant reaches the 10-million mark - Two million headrests a year produced for global automotive OEMs - Highly efficient, fully automated module production for high-end components
Thanks to ongoing development, the production plant meets the latest technological requirements and is ideally positioned to cater to fast-moving market demands. The automated system is able to produce headrest modules in more than 25 different versions. With the roughly 350 employees at the Schmölln plant, Grammer currently produces two million headrest modules a year alongside other products. "We are very proud of the success story of almost seven years which we have achieved with our headrest production activities in Schmölln. Our efficient production, high quality standards and top service are the reasons for this success," explains Manfred Pretscher, COO of Grammer AG. Headrest production accounts for a significant part of the Automotive Division, which has been the main growth driver for the GRAMMER Group for many years. In 2016 alone, the Automotive Division reported a 26 percent increase in revenue to EUR 1.27 billion. Unternehmensprofil Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com
19.07.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Grammer AG |
Georg-Grammer-Str. 2 | |
92224 Amberg | |
Germany | |
Phone: | +49 (0)9621 66-0 |
Fax: | +49 (0)9621 66-1000 |
E-mail: | investor-relations@grammer.com |
Internet: | www.grammer.com |
ISIN: | DE0005895403, DE0005895403 |
WKN: | 589540, 589540 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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593869 19.07.2017
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Grammer AG | 5,05 | -10,62% |