NEWSROOM

From today until Friday, the 15th Blechexpo opens its doors in Stuttgart. Feintool will be showing highlights of its core competencies in press construction, fineblanking, e-sheet stamping and forming.

The automotive sector is facing a fundamental change. A transformation that the international trade shows are also taking into account: the megatrends of the future are the topics of the hour. Both at Blechexpo in Stuttgart at the end of October and at the CTI Symposium in Berlin at the beginning of December, the subjects will be connectivity, autonomous driving, CO2 neutrality and alternative drive technologies.

Second part of the digital event series: How the FB one press series provides answers to global challenges.

The Egon Grosshaus GmbH & Co KG in Lennestadt focuses on Industry 4.0 and retrofits its XFT and MFA presses with FEINmonitoring.

The Electric & Hybrid Vehicle Technology Expo brings together hundreds of suppliers across the electric hybrid vehicle and battery industries. Feintool was part of it this year - and will be back in 2022.

In mid-September, the "Open Day" was held at the Feintool plant in Taicang. The information event focused on Feintool's strategic orientation towards electromobility. Over 50 invited guests from the automotive and supplier industries were able to gain a comprehensive picture of Feintool's electrical sheet expertise.

In cooperation with Swissmem, the association of the Swiss mechanical, electrical and metal industry, a video on the topic of sustainability has been produced. Under the slogan: "This is how industry helps to protect the climate", the short clip is part of an entire video series in which Swiss industrial companies are being presented. These companies contribute to reducing the consumption of resources with their technologies.

The two technology companies have signed a Memorandum of Understanding. They will collaborate on the metallic bipolar plates production for fuel cells in China.

Mainly driven by the automotive industry’s recovery, the technology group achieved sales of CHF 303 million in the first semester of 2021. Operating earnings (EBIT) for the period stood at CHF 19.2 million, corresponding to an operating EBIT margin of 6.3 percent. Feintool is optimistic about the full year outlook, despite uncertainties in the global supply chains.

The Japanese Imasen Group regularly honors other companies and business partners in various categories. Feintool Japan received this year's "Cost-down Award", much to the delight of everyone involved.

Feintool System Parts Europe has achieved the Special Award in the category "Busi-ness Unit Transformation - Learning Organization". Special aspects of efficient lean management methods are assessed and verified for their sustainable success.

The technology group Feintool will achieve sales of around CHF 300 million in the first half of 2021, driven by the recovery of the automotive industry. Thanks to the high capacity utilization of the plants and their increased profitability, an operating EBIT margin of around 6% is expected. Furthermore, long-term financing is secured by a renewed promissory note of EUR 35 million.

In 2020, the Feintool Group made significant progress in sustainable development: The share of renewable energy in the electricity mix was increased by more than 12 percent year-on-year to 30 percent. Since the beginning of 2021, all plants in Germany have also been sourcing 100 percent green electricity. In its new Sustainability Report for 2020 published today, the technology group has documented facts and figures relating to its sustainability strategy.

A clear roadmap towards sustainability: Once a year, Feintool determines its sustainability performance, which it achieves with its entire business activity.

The Italian based fineblanking company invests in state-of-the-art technology and has ordered the first of the most powerful fineblanking press FB one series with a total force of 1100 tons from Feintool.

The third part concluded the digital event series "Feintool Technology Forum 2021". In his presentation, Marc Schneeberger, Head of Global Services at Feintool, explained how FEINmonitoring and Smart Maintenance turn system availability and the maintenance of a press into a success story.

Last week, the second digital event of the three-part Feintool Technology Forum went off successfully with over 150 participants from Europe, Asia and America. In an interview, Sven Hofstetter, Head of the Tools Competence Center at Feintool, explains what a perfect world of parts removal looks like.

The shareholders of Feintool International Holding AG approved all proposals listed at the Annual General Meeting of Shareholders on 20 April 2021.

The first webinar of the three-part Feintool Technology Forum took place this week. The digital event series focuses on Feintool's latest generation of presses and how they pave the way for forward-looking solutions in high-tech production.

Feintool has entered into a strategic partnership with Automation W+R in the field of automatic quality inspection. The company builds fully automated surface inspection systems.