Laser, punching and bending machines from Chinese production

According to Trumpf, it has invested 12 million euros in JFY, the Group's largest production site worldwide to date. The production area covers 19,000 square meters. With 771 employees, JFY mainly produces laser, punching and bending machines. With well over 1,000 CNC bending machines per year, JFY is the market leader in China and also produces more bending machines than the Trumpf Group worldwide. The subsidiary acquired in 2013 also produces several hundred laser cutting and punching machines. It most recently generated an annual turnover of 86 million euros.

"We are therefore fundamentally concerned about the current trade disputes between China and the USA," says Prokop, "particularly with regard to a possible increase in steel prices. But they have not yet affected our business in China. We will take advantage of the dynamic Chinese market environment by strengthening development, production and service in China."

In addition to the opening of the site in Yangzhou, the company is also investing in its own Chinese company Trumpf China in Taicang. The ground-breaking ceremony for a new multifunctional center took place at the end of April. The investment here amounts to 8 million euros. With an annual turnover of more than 300 million euros in the current financial year and 590 employees, the main sales drivers are high-quality laser cutting machines for sheet metal processing, while JFY is positioned in the low and medium price segments. Trumpf China also produces almost exclusively for the Chinese market.

In addition to the strong growth in machines, the automation business at Trumpf China and JFY is also growing at a good rate, says Mathias Kammüller, who is also Chief Digital Officer of the Trumpf Group. The company already offers complete "state of the art" solutions for a smart factory based on the model of the Trumpf Smart Factory in Chicago, which was opened last fall. am