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2006-03-20 News Headlines
ELAU automation systems for packaging machines market grows One of the pioneers in the machine automation technology industry for the packaging sector ELAU AG is optimistic for 2006 due to increased incoming orders.
In 2005 ELAU AG increased its revenues by 20.3 per cent. This means that the company grew over six times faster than the food and packaging machine division of VDMA (the German trade association), which is expecting an increase of 3%. After the successful financial year that it has just completed, ELAU is also optimistic for 2006 because incoming orders increased by 22.4% in 2005, which also leads to the expectation of growth rates of over 20% for the current financial year. The excellent start to 2006 certainly indicates this. “In the last year we expanded our market share in all major countries
for packaging machine construction and are planning to more than double
our sales by 2010. With annual growth rates of over 20 per cent we are
precisely on course,” emphasized ELAU CEO Dr. Thomas Cord, who took
this position over from ELAU founder Erwin Fertig last September. “It
is clear that we will have to continue to make massive investments in
our Sales and Support. We will set up service hubs in Asia and Latin America
in cooperation with Schneider Electric, but also greatly expand our activities
in Europe and North America,” Cord continued. ELAU is expecting
further growth mainly from export because even now foreign business makes
a major contribution to profits. For example, the subsidiary ELAU Systems
Italia S.r.l. surpassed previous year sales by over 40%.
With almost 30 years experience in automation technology, ELAU AG is one of the pioneers in the industry. Since 1994 the company has concentrated solely on machine automation in the consumer packaged goods industry: in addition to packaging machines, the company’s focus is on production machines and robotics. Since then, ELAU has been the automation expert in the industry with the highest growth rates and now has over 300 employees. ELAU’s success is also illustrated by the 30,000 PacDrive* equipped machines now in use throughout the world with PacDrive, with another 5,000 being added every year. ELAU will continue to implement its corporate strategy of 100% concentration
on the packaging market under the umbrella of Schneider Electric. With
its own sales organization, ELAU offers packaging machinery manufacturers
and users critical enabling technology to increase their operational efficiencies
and flexibility under the ELAU PacDrive* brand. The packaging market is
also an important target market of Schneider Electric, and ELAU enjoys
the full support of the parent company. Read an ELAU press release about the recent 20th IPACK-IMA Packaging Trade Fair in Milan, Italy; 'This international trade fair provides an overview of technologies, applications, and innovations for the beverage industry, grocery processing and packaging industry.'
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