Consolidated Financial Statements - L. Possehl & Co. mbH

PRODUCTION BUSINESS SEGMENT
The Production business segment includes the four business divisions
Precious Metals Processing, Electronics, Elastomer-Processing and
Special-Purpose Construction.
Precious Metals Processing: Heimerle + Meule is a full-service provider
for the recycling of precious metals, in particular gold, silver and
platinum. The reclaimed materials are further processed into semi-fi nished
products, salts and alloys. Customers include the jewelry industry,
automobile suppliers, the electric and electronics industries and
dental companies.
The semi-fi nished products are provided to the jewelry industry in the
form of wires, bands, tubes and molded ring blanks. The range of services
is augmented by small electroplating devices, electroplating baths
and services in decorative commercial electroplating. The dental division
supplies dentists and dental laboratories with precious metal dental
alloys, modern veneered ceramics and innovative dental devices.
Contact materials in various shapes are manufactured in Pforzheim for
companies involved in electrical engineering. Bands and drum goods
can be commercially electroplated in a high-performance electroplating
process.
L. Possehl & Co. mbH
Production Trading Services Investments
Precious Metals Processing
Electronics
Elastomer-Processing
Special-Purpose Construction
International Trading
Environmental Protection
Broker Activities
Electronics: this business division and the companies within it specialize
in the production of lead frames. The focus of activities is in Asia
– China, Malaysia and Singapore.
Lead frames are primarily copper-based, multi-channel conductor and
carrier units to which silicon chips are attached. As an integrated lead
frame manufacturer, Possehl Electronics is taking over the stamping
and etching production of the copper elements, as well as the subsequent
electroplate coating and special mounting. The scope of products
ranges from the low-channel discrete components, which are used
for individual transistors or light-emitting diodes, to power lead frames,
which must meet particularly high thermal demands, to lead frames
for integrated circuits, as used in mobile telephones, motor vehicles or
computers, for example.
Possehl Electronics has already achieved a large market share with
respect to European customers. But even the Asian growth markets
– primarily China – are continuing to take on more importance. With
its operating companies in Europe, Asia and North America, Possehl
Electronics is now number fi ve among the globally active producers and
providers of lead frames for the semiconductor industry. The two North
American sites are also among the leading providers of copper-based
plug connections.
Elastomer-Processing: The Harburg-Freudenberger Group is the
global market leader for tire production systems. With its 150-year tradition,
this company is comprised of three divisions, specifi cally natural
rubber, rubber compound and edible oil technology.
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