NEWSROOM

FeinAl Plus extends the lifespan of fineblanking tools and reduces costs

Despite the high degree of technical maturity of fineblanking technology, detailed improvements such as the FeinAl Plus wear protection coating from Feintool, PLATIT and Blösch, which increases efficiency and service life, can mean another major progress.

Despite a very challenging market environment, the Feintool Group significantly in-creased its sales to CHF 861 million during the 2022 financial year. Operating profit (EBIT) before non-recurring items was CHF 26.7 million (EBIT margin 3.1 %). The large number of orders received in the area of e-mobility is encouraging and con-firms the positive development of the company’s growth strategy.

After a successful cooperation start in Asia, both technology companies have signed a Memorandum of Understanding to intensify cooperation in the production of metallic bipolar plates for fuel cells and electrolysers in Europe.

The Lunar New Year, or Spring Festival, which falls on the new moon between January 21st and February 21st, marks the transition of the Chinese zodiac from one animal to the next. After the year of the Tiger, the year of the Rabbit begins on January 22, 2023. In Chinese culture, the rabbit is a symbol of longevity, peace and prosperity. In the eyes of the people, rabbits are the friendliest and most benevolent creatures, representing cleverness, good manners, ingenuity and kindness.

Feintool Precision System Parts (Taicang) Co., Ltd. has signed a Practice Base Agreement with the Northwestern Polytechnical University Taicang Campus in China. This agreement includes (co)designing the training content of young talents plus the option of directly employing the most innovative graduates at Feintool.

"The FB one keeps us competitive," said Ben Barnett, President and Chief Operating Officer of Principal Manufacturing Corporation (PMC). After the economic success of the servo-mechanical Feintool XFT2500 press in use, he also decided to invest in the latest press generation, the FB one.

Feintool has won a substantial contract to supply rotors and stators (the main components of electric motors) to a new key customer. The multi-year contract for this renowned European OEM involves a lifetime volume in the triple-digit million Euro range. This success illustrates the importance of Feintool's strategy which focuses on electrification.

Feintool is presenting pioneering technologies

Feintool demonstrated advance through precision at the «Hydrogen»

At the International Suppliers Fair (IZB) in Wolfsburg (GER) from October 11 to 13, 2022, Fein-tool presented its range to the trade audience in line with automotive trends.

The efficiency and performance of motors are crucial in electromobility. This includes, in particular, the factors of energy efficiency, stack stability, and their impermeability to cooling fluid. The glulock MD (Multiple Dots) bonding process promises tight and stable electric motors, even in the high-temperature range.

In silent remembrance, we bid farewell to our founder and pioneer Fritz F. Bösch. He built up our company as his life's work, developed it further and decisively shaped it for 50 years as CEO, Chairman of the Board of Directors and Honorary Chairman.

Feintool achieved its objectives for the first half of 2022 in a very challenging market environment. The group generated sales of CHF 411.5 million and positive earnings before interest and taxes (EBIT) of CHF 14.6 million in the period through June 30, 2022. CEO Knut Zimmer will step down at the end of 2022, and will be succeeded by Torsten Greiner.

At its production and company location in Küssaberg, Germany, hago has recently laid another milestone for the future of successful fineblanking. A new servo-mechanical fineblanking press from Feintool complements their production, in which components for vehicle lock and key tech-nologies are fineblanked.

Experts and participants at the VDI Congress in Baden-Baden on July 6 - 7 agreed that mobility is changing rapidly and innovative technological solutions are crucial. Fein-tool draws a positive balance from both the presentations and the exhibition accom-panying the event.

JULI Motorenwerk LLC, a joint venture of the Jungheinrich AG and Kion Group, relies on Kienle + Spiess, a business unit of the Feintool Group, to build e-motors.

Being able to operate presses is one thing. Knowing how everything is connected is somewhat more complicated. Ten employees of the Scherdel company deepened their theoretical and practical fineblanking knowledge in a Feintool training course of several days.

Feintool was on site at Powerfuel Week with its development project. It was an opportunity to engage in a lively exchange with the Swiss hydrogen community and to present Feintool's metallic bipolar plates.

At the CWIEME 2022 in Berlin, the most important stakeholders of the global supply chain for coil winding machines, transformers, electric motors, generators and for e-mobility met. A convincing joint appearance by Feintool and Kienle + Spiess.

Feintool International Holding AG announces today that the 206’388 new registered shares for which subscription rights were not validly exercised during the rights exercise period have been sold in the market at a placement price of CHF 21.00 per share.