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    Home»LATEST NEWS»NORD is expanding with new products
    LATEST NEWS

    NORD is expanding with new products

    MTWBy MTWJuly 21, 2020Updated:July 30, 2020No Comments0 Views
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    Nord Strategic investments help to achieved a solid growth in the 2019 financial year
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    In the 2019 financial year, Getriebebau NORD GmbH & Co. KG achieved solid and targeted growth reflecting in a sales increase of € 750 million. Investments in locations and logistics set further impetus. NORD is also well positioned during the current crisis. Development activities and investments continue as planned, so that it remains a strong partner in the drive technology sector.

    Currently, NORD DRIVESYSTEMS is expanding its office capacity in Suzhou, China, by 2,400 m2 and is extending the industrial gear unit assembly and logistic areas as well as the painting department at the Waunakee site, USA. In addition, production was considerably extended with the completion of a new motor factory in Wiechlice, Poland.on an area of around 10,000 m2. Currently being built for production, assembly and logistics and will be completed by the end of 2020. From the beginning of 2021, NORD will also be building an automated small parts warehouse, packing stations, a logistics building as well as associated goods receipt and goods issue areas at the Bargteheide site.

    For more information visit: www.nord.com

    Annual accounts Drive Technology Innovations Strategic investments
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