Annual report 2009 - Siempelkamp
Annual report 2009 - Siempelkamp
Annual report 2009 - Siempelkamp
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Narrow-gap welding machine<br />
Plant expansion with foundation for the large vertical lathe<br />
Research, development, investments: top performance instead of standstill<br />
Even diffi cult general conditions, such as a global fi nancial crisis, do not justify a standstill in regard<br />
to innovations. Once again, in <strong>2009</strong>, all three <strong>Siempelkamp</strong> business units consistently focused on<br />
new projects and technologies in order to not let the challenges of today become the critical<br />
problems of tomorrow. Our activities in the areas of research and development also confi rm these<br />
efforts.<br />
In the area of machinery and plant engineering we concentrated our activities on the development<br />
and the building of machines for wood-processing and the gluing of chips and fi bers. With our<br />
excellent know-how and our diverse technologies we have entered new market segments. Biomassfi<br />
red power plants and pellet facilities have expanded our range of products. In the area of metal<br />
forming, we developed new high-performing open-die and closed-die forging presses.<br />
In cooperation with well-known research institutes, the projects in our casting technology unit<br />
focused on the further development of materials used in the areas of nuclear technology and wind<br />
power industry.<br />
Projects concentrating on high velocity oxygen fl ame spraying as well as on the optimization of<br />
production methods by increasing the recycling rate for casting components could be successfully<br />
completed in <strong>2009</strong> by our nuclear technology business unit. It is planned to further advance the<br />
fl ame spray development with special emphasis on the technical implementation.<br />
The same goes for our investments. Though, compared to last year, slightly more moderate in scale,<br />
investments remained at a high level. Investments in intangible assets and plant and equipment<br />
amounted to 16 million Euros in <strong>2009</strong> and resulted in numerous upgrades.<br />
On the one hand, these upgrades were aimed at keeping machinery and production locations up<br />
to date. On the other hand, we invested in optimizing business processes and in equipment for our<br />
Krefeld location.