Rainer Kurtz, CEO and Thomas Mühleck, CFO at Kurtz Ersa Group gave their assessment for the 2020 financial year in a press conference. The company has been severely affected by the pandemic and is anticipating a decline in sales of around 15 % to around EUR225 million for the current financial year. Nevertheless, there is a strong performance to show.
The Forum Gießerei-Industrie had to be postponed due to the COVID-19 pandemic. To shorten the time until the event in June 2021, we organized an exciting discussion round in which German industry experts of foundrymen and machine manufacturers sent a clear message to politicians and pleaded for a joint fight against the crisis.
In the context of the strategic reorientation, Kurtz Ersa GmbH was looking for a supplement to the existing business areas. For this purpose the company cooperates with Laser Melting Innovations GmbH & Co. KG, a spin-off from the cradle of metallic 3D printing of the Aachen Center for Additive Manufacturing.
At the end of July, Kurtz GmbH sold the prefabrication of the machine factory in Wiebelbach. The areas “sawing”, “welding”, “machining” and “coating” are affected. Despite the difficult circumstances of the corona crisis, the Management of Kurtz Ersa succeeded in finding a buyer with many years of experience in the field of contract manufacturing.
Already in February, Kurtz GmbH, a division of Kurtz Holding GmbH & Co. Beteiligungs KG, announced the planning of a strategic reorientation. In an interview, CEO Rainer Kurtz explains the background of the decision and talks about the challenges during the Corona crisis.
At an information conference held on February 11th, the employees of Kurtz GmbH were informed by Managing Director Uwe Rothaug about the future reorientation of the company. Due to serious changes in the traditional areas of "foam machines" and "foundry machines", the group management has decided to realign the company.
Automation is becoming increasingly important in many different industries around the globe. The sharp increase can be explained by the high potential of robots and continuous optimization processes in the manufacturing industry. The foundry sector also benefits from the use of robots.
For ten years, Kurtz trimming presses have been standing for economical and future-proof punch deburring. The latest development Kurtz KPS 3000 / 25-12 SKT convinces with intelligent control and maintenance-free guiding system.