GERMANY – The Siempelkamp Group has reached its 135th anniversary with a successful 2017 financial year.

In 2017, the technology group with worldwide operations generated sales of € 717 million and the order intake of € 721.4 million was significantly up on the previous year’s level of € 624.3 million.

The international technology supplier for the production of wood based panels succeeded in gaining important orders from major international wood-based material producers. In total, customers represented worldwide ordered twelve wood-based material and two short-cycle presses.

In the 135th year of its corporate history, the company continues to focus on growth, as the business trend for 2018 is also set to improve. The goal is to increase sales in the next few years to around € 1 billion; further acquisitions of suitable specialist companies will contribute to this.

The Siempelkamp Group consists of three business units: the machinery and plant engineering, the foundry technology, and the engineering and service business unit. Siempelkamp machine and plant engineering is a systems supplier of press lines and complete plants for the wood-based panel industry, the metal forming industry as well as the composite and rubber industry. The Siempelkamp foundry is the world’s largest hand-molding foundry producing castings with a weight of up to 320 t (353 US tons). Siempelkamp NIS Ingenieurgesellschaft mbHis a component supplier and service provider for nuclear facilities.