LASER VISION
Trumpf is a global leader in the development and manufacture of advanced machine tools, lasers and electronic systems for industry. The multi-faceted global technology group continues to see major global expansion. Philip Yorke takes a closer look at some of the company’s latest products and the strategy behind its success.
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he Trumpf Group was founded in 1923 and began as a mechanical workshop. From the outset it established a reputation for the manufacture of innovative, high quality products. Today the company remains privately owned by descendants of the same founding family and through a dedicated policy of continuous change and improvement has become a clear global market and technology leader. With over 60 subsidiaries, the group is represented in almost every European country, as well as having a major presence in North and South America and in Asia. The company’s key manufacturing facilities are located in Germany, Austria, China, the Czech Republic, France, Great Britain, Japan, Mexico, Poland, Switzerland and the USA. In the fiscal year 2014-2015 the company generated sales of more than €3 billion and currently employs over 11,000 people worldwide. Following on from its best year ever in 2013-2014, Trumpf has exceeded its targets to achieve even better results in the last fiscal year. The purchase of the Chinese machine tool manufacturer JFY was the largest in the company’s history and is just one of many acquisitions it made recently in line with its ambitious strategy for growth. 42 Industry Europe
