Oerlikon Graziano has announced it has invested more than 30m (US$35m) in its drive system technology.
The investments have been in hard turning, grinding, hobbing for gearing solutions, and specialized machining of synchronizer parts, with the intention of improving technical capability, quality and cost of the equipment.
Two years ago, amid of one of the deepest and longest recessions in the gear industry, Oerlikon Graziano took the opportunity to fundamentally review its manufacturing system and processes and launched a major capital investment program in new equipment.
The only way to remain competitive, even for a large and long-established company, is to constantly evolve to meet the changing needs of the customers worldwide. As the market recovers, the company is already reaping the benefits of the investment plan, for example by securing major programs from global OEMs in the truck and agricultural industry.
An Oerlikon Graziano spokesman said, “Our primary focus is on products which are difficult to produce, with demanding engineering content such as high-performance products for premium applications, often including the co-development with customers of state-of-the-art solutions.
“This close relationship with many customers has given the company an insight into changing market trends, such as future demand for different transmission types, which has helped to direct the priorities for the machine tool investment.”
November 10, 2017