Investment program
Schunk: 85 million euros for production sites
With a broad-based investment program, the global gripping systems and clamping technology specialist Schunk is getting ready for the next stage of its global growth: around 85 million euros will be invested in the Brackenheim-Hausen, Mengen, St. Georgen and Morrisville/USA sites by mid-2020, and around 42,000 square meters of additional production and administration space will be created. The US plant in North Carolina, where the new buildings were officially inaugurated a few days ago, will be the first.
In addition to the expansion of the production area, a spacious new administration building has been built at Schunk Intec USA. In the newly created customer center, users can experience the company's components live at and gain additional know-how in technology forums and workshops. The new 4,000 square meter building was inaugurated at the beginning of May with an official ceremony followed by a family day. North Carolina Secretary of Commerce Anthony Copeland praised Schunk as a great example of a company that creates jobs and highlights the advantages of North Carolina as a business location.
Schunk 's largest foreign subsidiary was founded in 1992 to ensure proximity to American customers and the subsidiaries of German corporations. Local production guarantees short delivery times and a high degree of flexibility, especially when it comes to specific components that are produced especially for the American market. Today, the USA site plays a leading role within the group of companies for the entire North and South American market. Schunk has invested a total of almost 10 million euros in the expansion of the site.
An additional 40 million euros will be invested in the competence center for gripping systems in Brackenheim-Hausen, just five kilometers from the Lauffen headquarters. The expansion covers an area of 22,000 square meters and corresponds to a doubling of the existing production area.
The company is investing a further 30 million euros in the competence center for turning technology and stationary clamping systems in Mengen, Sigmaringen district. Here, 12,000 square meters will be added for production, research and development.
5 million euros were invested at the St. Georgen site in the Black Forest, where the production area was doubled with an increase of 4,200 square meters.
Managing Partner and CEO Henrik A. Schunk sees the total volume of 85 million euros as a consistent investment in the future of the company: "In the coming years, we will experience a worldwide boom in automation and digitalization that can only be managed with the appropriate capacities," says the company boss. For several years now, Schunk has been successfully focusing on these two trends and pooling resources and expertise in a targeted manner. Henrik Schunk expects high growth rates, particularly in mechatronic and increasingly intelligent clamping devices and gripping systems.
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