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MS Industrie AG: Further development of automation and digitalization at MS XTEC
München (pta007/04.12.2023/10:00 UTC+1)
MS XTEC, a daughter company of MS Industrie AG, has significantly increased its level of automation and digitalization in recent months, which significantly increases the productivity of the Trossingen headquarters. In addition to the automatic loading of the machines with the help of robots and the transport of parts via driverless transport systems ("AGV"), a fully automatic measuring cell has also gone into operation. The measuring cell automatically reports the measurement data back to the machines, ensuring quality in parallel with production without any need for operation and will be expanded to include additional products and systems in the coming months.
The central element is the ultra-modern master computer, specially developed for MS XTEC. This will significantly optimize and simplify production control in the coming years. Little by little, additional and existing systems will be connected to the computer in order to significantly increase the level of digitalization of MS XTEC.
Armin Distel, member of the Management Board of MS Industrie AG: "The high investments will enable further growth for MS XTEC, but will also specifically and strategically counteract the cost pressure caused by exogenous influences. The new and innovative production and automation concept will also be used in our new plant in the USA right from the start."
"For the coming year, MS XTEC expects further growth compared to the current financial year and, at around 15%, is above the expected sales from the medium-term business plan simulation. This shows that our company is well positioned and established in the market," said Dr. Andreas Aufschnaiter, member of the Management Board of MS Industrie AG.
MS Industrie AG (WKN 585518; ISIN DE0005855183), headquartered in Munich, is the listed parent company of a focused technology group with the two business areas drive technology ("MS XTEC": systems and components for heavy-duty combustion engines and hybrid or electrical drive solutions) and ultrasonic technology ("MS Ultrasonic": special machines, standard machines and ultrasonic systems and components). Key customer industries include the global commercial vehicle and passenger car industry, followed by the packaging machine industry, the medical and other plastic processing industries as well as the general mechanical and plant engineering industry. The Group presently generates annual sales of over EUR 250 million with over 800 fixed employees at five production sites, two of which are in Germany and one each in the USA, Brazil and China.
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The publisher of this document is MS Industrie AG based in Munich. Although the information in this document comes from sources that MS Industrie AG considers reliable, no guarantee can be given for the correctness of the information in this document. This document does not constitute a prospectus and is also not suitable as a basis for evaluating the securities presented in the document. Estimates and opinions contained in this document represent the assessment of MS Industrie AG at the time the document was created and are subject to change at any time without prior notice. MS Industrie AG and/or its affiliated companies may from time to time hold positions in the securities referred to in this document or in options, futures and other derivatives based thereon, may provide other services (including those as advisors) to each company named in this document, provide or have provided and may (to the extent permitted by law) have used the information contained herein or the research on which it is based prior to its publication. Any kind of advisory relationship between MS Industrie AG and the recipient of this document is not established by the provision of this document. Each recipient must conduct its own research and take precautions to check the profitability and reasonableness of an investment decision, taking into account its personal and economic interests. MS Industrie AG is not liable for the consequences of trusting in opinions or statements in this document, nor for the incompleteness of the same. Any citizen of the United States of America who receives this document and wishes to transact in securities referred to herein is required to do so through a US-licensed broker.
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