Siemens Mechanical Drives Unit to become Flender GmbH on October 1
Resource from: CBCC Likes:233
Aug 10,2017
Transformation to a stand-alone company under the Siemens umbrella advancing on schedule
Affiliation also visible in the name: Flender GmbH, a Siemens Company
Important step in enhancing market lead
Wholly-owned subsidiary of Siemens AG, headquartered in Bocholt
Starting October 1, 2017, the Siemens Mechanical Drives unit (MD) will be operating in the market as Flender GmbH, a Siemens Company. Branches will also take on the new name worldwide. Earlier this year, Siemens had announced that it would be running the unit as a stand-alone company under the Siemens umbrella, to expand its leeway for action and provide a sharper, business-specific focus. The new setup is to be completed worldwide by mid-2018.
“Flender is our strong brand with a tradition more than a century old, and we’ve always done business under the name. At this year’s Hannover Messe, we highlighted Flender even more brightly, and already made quite a splash with our stand-alone fair booth for gear units and clutches. Eventually all the unit’s activities worldwide will be gathered under Flender,” says Stefan Tenbrock, CEO of Siemens Mechanical Drives. “It’s an important step in our transformation into a stand-alone firm under Siemens AG, acting as a market leader for our customers worldwide and thinking like a mid-sized company.” The business with gears for wind turbines will also be part of Flender GmbH and will continue to operate under the successful Winergy brand.
The future Flender GmbH is one of the world’s leading providers of components for mechanical drive technology, producing at eight locations with more than 6,000 employees around the world. Its product range embraces a broad portfolio of gear units and clutches, drive applications and the associated services. The range of sectors it serves includes key industries like wind power, cement production, marine shipping, and conveyor and lifting technology. Flender products and services combine the latest technology with the highest quality standards, and have reliably been transmitting power in the best possible way for decades.
A. Friedrich Flender AG was founded in Düsseldorf in 1899, originally making wood pulleys. In subsequent decades, the company grew to be a leading maker of gear solutions. Siemens took over Flender in 2005 and integrated the company into its corporate group as a unit for mechanical drives. In February 2017 the company announced that it would reorganize Mechanical Drives as a stand-alone entity within Siemens, so it could implement its growth plans faster, more flexibly and more efficiently amid a challenging competitive environment.
()
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous MAG Bearing Maintains a Ready Stock of All Types of Bearings for Global Supply
Next Schaeffler Group revenue increases by 3.8 percent at constant currency in the first half of 2017
Next Schaeffler Group revenue increases by 3.8 percent at constant currency in the first half of 2017
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
