on Manz AG (isin : DE000A0JQ5U3)
Manz AG Secures Follow-Up Order for Inverter Assembly Line
Manz AG, a high-tech equipment manufacturer, has received a follow-up order from a leading automotive supplier for a high-volume inverter assembly line. This order signifies the company's strength in automation and process expertise, contributing greatly to its international presence.
The order, valued in the low double-digit million-euro range, will be reflected in the company's revenue and profits starting mid-2025, with the full acceptance by early 2026. The assembly line will be installed in a newly constructed Mexican facility and will cater to the North American market, emphasizing the importance of the German manufacturer's global operations.
The assembly line includes several intricate processes like laser welding and screwdriving with 6-axis robots. This demonstrates Manz AG's commitment to delivering advanced technology solutions and reliable after-sales services.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Manz AG news