25.07.2019, 4221 Zeichen

Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Company Information
Göppingen/Graz - July 25, 2019. The Schuler Group, part of international technology Group ANDRITZ, will supply - via its affiliate Farina - one of the world's largest and also most advanced mechanical forging systems of this kind to thyssenkrupp Gerlach, Germany. With 16,000 tons of pressing force, 1,700 tons in weight and a height of ten meters, the Farina forging press will form truck front axles and crankshafts at the Homburg site as from 2021. Farina also delivered a 4,000-ton forging press to thyssenkrupp in 2006.
The main press of the new forging line will be the world's first eccentric press of this size, capacity and output to go into operation. 360,000 forged components per year will be produced. The plant in Homburg has long been one of the most efficient production sites in thyssenkrupp's global forging network. It is market leader for forged crankshafts, supplying automotive customers worldwide.
Farina is the leading European supplier of forged lines in the mid-price segment. The company with headquarters in Suello, northern Italy, has been part of the Schuler Group since 2018.
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ANDRITZ GROUP ANDRITZ is an international technology group providing plants, systems, equipment, and services for various industries. The company is one of the technology and global market leaders in the hydropower business, the pulp and paper industry, the metal working and steel industries, and in solid/liquid separation in the municipal and industrial segments. Other important fields of business are animal feed and biomass pelleting, as well as automation, where ANDRITZ offers a wide range of innovative products and services in the IIoT (Industrial Internet of Things) sector under the brand name of Metris. In addition, the company is active in power generation (steam boiler plants, biomass power plants, recovery boilers, and gasification plants) and environmental technology (flue gas and exhaust gas cleaning plants) and offers equipment for the production of nonwovens, dissolving pulp, and panelboard, as well as recycling plants.
ANDRITZ stands for passion, partnership, perspectives and versatility - core values to which the company is committed. The listed Group is headquartered in Graz, Austria. With almost 170 years of experience, over 29,000 employees, and more than 280 locations in over 40 countries worldwide, ANDRITZ is a reliable and competent partner and helps its customers to achieve their corporate and sustainability goals.
ANDRITZ METALS ANDRITZ Metals is the technology and global market leader in forming equipment through the Schuler Group, in which ANDRITZ has a stake of more than 95 percent. Schuler offers presses, automation solutions, dies, process know-how, and services for the entire metal forming industry. Its customers include car manufacturers and their suppliers, as well as companies in the forging, household appliance, packaging, energy, and electrical industries. Schuler is also the market leader in minting technology and offers system solutions for various high-tech segments.
In addition, ANDRITZ Metals is one of the leading global suppliers of complete lines for the production and processing of cold-rolled strip made of carbon steel, stainless steel, aluminum, and other non-ferrous metals. The lines comprise equipment for pickling, cold rolling, annealing and heat treatment, surface finishing, strip coating and finishing, punching and deep drawing, and regeneration of pickling acids. The business area also supplies turnkey furnace systems for the steel, copper, and aluminum industries, burners and refractory products, welding systems, as well as comprehensive services for the metal working industry.
end of announcement euro adhoc
issuer: Andritz AG Stattegger Straße 18 A-8045 Graz phone: +43 (0)316 6902-0 FAX: +43 (0)316 6902-415 mail: welcome@andritz.com WWW: www.andritz.com ISIN: AT0000730007 indexes: WBI, ATX stockmarkets: Wien language: English
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