Gamma Holding's belting tech gains from rising demand, H1
26 Aug '05
9 min read
The positive effects of 'Planning for growth' also became visible. Improvements in the efficiency of production were carried out in the Netherlands, Spain and the United States, and production capacity was increased in China. In the Czech Republic and the United States the first steps were taken towards the centralisation of production.
The turnover of Filtration Technology in the first quarter fell short of the corresponding figure for the previous year due to a disappointing level of exports from Europe to Asia, which was not entirely offset by an upward trend in Australia and higher sales of ceramic filters.
The distribution network was extended by the addition of a sales office in Japan, which will enable the sector to meet the region's growing demand for high-grade filtration solutions. At the same time, Filtration Technology developed Coreflo, a new weld attachment technique that prevents leaks and reduces production costs.
To achieve the targets of 'Planning for growth' it was first necessary to alter the business unit's organisational structure. In July the process of transforming eleven companies into three business units was completed. Furthermore, a new corporate identity was introduced, with 'Clear Edge' as the new group name and a recognisable house style for all companies.
Coating & Composite Technology showed an upward trend. The business unit benefited from a sharp upturn in demand in almost all product groups. Turnover was up in billboards, tents and roofing structures. Thus, Coating & Composite Technology supplied the roofing structure for three platforms of the historic railway station in Dresden.