07.07.2016
Manz AG DE000A0JQ5U3
DGAP-News: Manz AG: First serial order within the scope of the Speedfactory project by adidas
DGAP-News: Manz AG / Key word(s): Alliance/Incoming Orders
Manz AG: First serial order within the scope of the Speedfactory project by
adidas
07.07.2016 / 07:31
The issuer is solely responsible for the content of this announcement.
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Manz AG: First serial order within the scope of the Speedfactory project by
adidas
- Manz supplies production lines for series production in the world's
first Speedfactory by adidas in Ansbach
- As the project progresses, further orders are expected over the coming
years
Reutlingen, 7 July 2016 - Manz AG, a globally-active high-tech mechanical
engineering company with a comprehensive technology portfolio for the three
strategic business units "Electronics", "Solar" and "Energy Storage", has
received its first large-scale order within the scope of its cooperation
with adidas, which was agreed upon at the end of 2015. The order will
generate revenues and profit in this fiscal year. At the moment, Oechsler
AG, Ansbach, as future operator of the Speedfactory, is currently testing
new production processes for high-quality running shoes within the scope of
a pilot project across an area of approximately 300 square metres. The
machines are to produce approximately 500 pairs of shows as prototypes this
year. In the following year, the series production should then commence in
the first Speedfactory on a production area of approximately 4,600 square
metres, starting with a total of already 500,000 pairs of shoes produced in
Germany. A second Speedfactory is planned for 2017 in the USA; other
countries worldwide are gradually to follow until 2020.
The order received is the result of the successful transfer of a newly-
developed technology from the business unit New Business into series
production. Manz AG has already worked together with the leading company in
the sports goods branch for five years on the development of this
innovative, automated production technology for sports goods, which has now
reached the maturity phase of series production. Using a flexible
procedure, individual customer designs for shoe components can be fully
automatically transferred into production data and produced locally. In
this way, adidas wishes to produce shoes as individually, as conservative
on resources and therefore as economically as possible in the future.
Dieter Manz, CEO and founder of Manz AG, says: "The Oechsler order
represents the next step in the Speedfactory project by adidas, with the
long-term objective of worldwide series production. The production within
the market with a simultaneous increase in the flexibility of production is
true pioneer work. Because the function and design of the shoe can be
varied specifically for each customer, we facilitate new and innovative
business models. The continuous digitalisation of the process is a living
Industry 4.0. At the same time, the order represents the first serial order
in additive manufacturing for Manz. We see a great deal of further
potential in both areas."
Company profile:
Manz AG - passion for efficiency
Manz AG in Reutlingen/Germany is, as a globally active high-tech mechanical
engineering company, the path-breaker for innovative products on quickly-
growing markets. The company, which was founded in 1987, holds competences
in seven technological fields: automation, laser processes, vacuum coating,
screen printing, measuring technology, wet chemical processes and roll-to-
roll processes. These technologies are applied and further developed by
Manz in the three strategic business units "Electronics", "Solar" and
"Energy Storage".
The group of companies managed by their founder, Dieter Manz, which has
been listed on the stock exchange since 2006 in Germany, currently develops
and produces in Germany, China, Taiwan, Slovakia, Hungary and Italy. There
are also sales and service subsidiaries in the USA and India. With the
claim "passion for efficiency", Manz provides its customers, who are active
in dynamic future-orientated branches, with a promise to offer production
systems featuring maximum efficiency and innovation. With its comprehensive
expertise in the development of new production technologies and the
machines required for these technologies, the company plays a major role in
lowering the production costs of end products and making them accessible to
large groups of buyers across the world.
Investor Relations Contact
cometis AG
Ulrich Wiehle / Claudius Krause
Tel.: +49 (0)611 - 205855-28
Fax: +49 (0)611 - 205855-66
Email: [email protected]
Manz AG
Axel Bartmann
Tel.: +49 (0)7121 - 9000-395
Fax: +49 (0)7121 - 9000-99
Email: [email protected]
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07.07.2016 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: Manz AG
Steigäckerstr. 5
72768 Reutlingen
Germany
Phone: +49 (0) 7121 9000-0
Fax: +49 (0) 7121 9000-99
E-mail: [email protected]
Internet: http://www.manz.com
ISIN: DE000A0JQ5U3
WKN: A0JQ5U
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
End of News DGAP News Service
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