24.04.2018
Grammer AG DE0005895403
DGAP-News: Grammer the exclusive supplier for a leading US producer of material handling equipment
DGAP-News: Grammer AG / Key word(s): Miscellaneous
Grammer the exclusive supplier for a leading US producer of material
handling equipment
24.04.2018 / 10:59
The issuer is solely responsible for the content of this announcement.
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Grammer the exclusive supplier for a leading US producer of material
handling equipment
- Grammer the global supplier for leading producer of material handling
equipment in the United States in the future
- Entire range to be fitted with Grammer seating systems
- New-generation premium seating systems available for all material handling
equipment
Amberg, April 24, 2018 - Grammer, one of the leading international suppliers
of components for passenger vehicle interiors and seats for commercial
vehicles, has gained a new key-account customer for its seating systems. In
the future, a leading producer of material handling equipment will be
supplied exclusively by Grammer in the United States, one of the most
important markets for off-road vehicles such as tractors and forklifts.
Starting from the beginning of 2018, the entire range of this US
manufacturer will be fitted with innovative driver seating systems. The
seating systems will be produced locally at Grammer's plant in Tupelo,
Mississippi. In addition to the high functionality and excellent product
quality of the Grammer seating systems, the customer's decision was
particularly based on the fact that Grammer as a seating system specialist
can produce and deliver the same high-quality products throughout its own
global plant network. With this major contract, Grammer's share of the US
market will widen from a single-digit percentage to around 25 percent.
"This partnership with a leading producer of material handling equipment in
the United States is a great success for us and marks a major step forward
in our efforts to widen our footprint in the United States. Grammer is
superbly positioned internationally thanks to its own production facilities
in the main economic regions. We already supply the market leaders in
material handling equipment from Europe and also the United States. The fact
that we are now addressing one quarter of the US market with our products is
particularly gratifying for us," says Hartmut Müller, CEO of Grammer. "Given
the cross-border consolidation of the market for material handling
equipment, we want to grow with our customers outside the American market as
well."
Leading producer of innovative integrated seating systems for offroad
vehicles
Increased human/machine networking and, hence, the rising demands being made
of the driver, are calling for optimized cockpit functionality.
Consequently, as many controls for vehicle functions as possible are being
placed directly in the driver seat and the armrest. With its "Operator
Systems", Grammer offers integrated solutions built into the driver seat and
a multifunction armrest connected firmly to the seat to directly incorporate
a wide variety of different functions and seat adjustment controls. As well
as this, the seats developed by Grammer feature the latest results from
scientific and ergonomic research.
New-generation seats offering even greater comfort
Grammer has developed a new-generation seat for forklift trucks in
particular featuring even more functions and providing an ergonomic and
comfortable driving position. The newly developed seat top combined with the
low-profile suspension has resulted in a substantially lower seat index
point. This means that nearly all types of material handling equipment can
be fitted with the premium seat together with its numerous comfort
functions. Looking forward, these seating systems will also be delivered to
Grammer's new key-account customer in the United States.
Company profile
Located in Amberg, Germany, Grammer AG specializes in the development and
production of components and systems for automotive interiors as well as
suspension driver and passenger seats for onroad and offroad vehicles.
In the Automotive Division, we supply headrests, armrests, center console
systems and high-quality interior components and operating systems to
premium automakers and automotive system suppliers. The Commercial Vehicle
Division comprises seats for the truck and offroad seat segments (tractors,
construction machinery, forklifts) as well as train and bus seats.
With 13,000 employees, Grammer operates in 19 countries around the world.
Grammer shares are listed in the SDAX and traded on the Frankfurt and Munich
stock exchanges via the electronic trading system Xetra.
Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
[email protected]
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24.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Grammer AG
Georg-Grammer-Str. 2
92224 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: [email protected]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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678029 24.04.2018
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