04.09.2018
Progress-Werk Oberkirch AG DE0006968001
DGAP-News: Progress-Werk Oberkirch AG: Transport Minister Winfried Hermann visits PWO
DGAP-News: Progress-Werk Oberkirch AG / Key word(s): Miscellaneous
Progress-Werk Oberkirch AG: Transport Minister Winfried Hermann visits PWO
(news with additional features)
04.09.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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Press Release
Transport Minister Winfried Hermann visits PWO
Oberkirch, September 4, 2018 - The Transport Minister Winfried Hermann from
Baden-Württemberg and member of the German Green Party (Bündnis 90/Die
Grünen), together with Thomas Marwein (Bündnis 90/Die Grünen), member of
Parliament from Offenburg and of the Parliament's Transport and Science
Committee, were presented innovative steel formation solutions at PWO for
the mobility of tomorrow. Cost-optimized lightweight construction,
digitization and sustainability in the production process are the topics
that sit at the heart of PWO when it comes to making a contribution to
reaching the climate protection targets of the Paris Climate Accord.
As CEO Dr. Volker Simon explains: "Based on our extensive expertise in how
steel behaves at the limits of forming, we have developed production
processes that enable us to economically manufacture ever-lighter products.
We allow material to flow exactly where it is needed and reduce it
elsewhere. And we manufacture innovative hybrid parts that combine
especially lightweight, high-strength steel and aluminum."
PWO is squarely focused on the digitization of its manufacturing processes
so that it is able to create a digital shadow of the entire production
step-by-step, allowing it to collect a wealth of data along the entire
production process. PWO's evaluation with modern algorithms makes it
possible to increase production efficiency and reduce material consumption
while, at the same time, reducing energy requirements, emissions, wastewater
and waste per unit produced.
Winfried Hermann was impressed: "We need more efficient vehicles for climate
protection. In terms of production, the automotive industry can become even
more environmentally friendly with the help of digitization and through the
conscious use of resources. Using PWO as an example, it is easy to see how
the requirements for climate-friendly production and future-oriented jobs
can be reconciled."
Progress-Werk Oberkirch AG
The Management Board
PWO company profile
PWO is a partner to the global automotive industry for the development and
production of advanced metal components and subsystems using lightweight
construction. The Group has developed a unique knowledge in the forming and
joining of metals over the course of its almost 100-year history since it
was founded in 1919. With our expertise in cost-efficient lightweight
construction, we contribute to environmentally friendly driving and greater
distances.
All of the Group's more than 1,000 products contribute to automotive comfort
and safety. More than 90 percent of revenue is independent of the vehicle's
type of drivetrain. Approximately 3,400 employees on three continents at
five production sites and four assembly plants ensure the highest level of
delivery reliability and quality.
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Additional features:
Picture: http://newsfeed2.eqs.com/progresswerk/720155.html
Subtitle: vorne v.l.n.r.: Winfried Hermann (Verkehrsminister Bündnis 90/Die
Grünen), Dr. Volker Simon (Sprecher/CEO) / hinten v.l.n.r.: Johannes Obrecht
(COO), Frank Scherer (Landrat des Ortenaukreises), Bernd Bartmann (CFO),
Thomas Marwein (Offenburger Landtagsabg
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04.09.2018 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.
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Language: English
Company: Progress-Werk Oberkirch AG
Industriestraße 8
77704 Oberkirch
Germany
Phone: +49 (0)7802 84-347
Fax: +49 (0)7802 84-789
E-mail: [email protected]
Internet: www.progress-werk.de
ISIN: DE0006968001
WKN: 696800
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Tradegate Exchange
End of News DGAP News Service
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720155 04.09.2018
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