Ziehl-Abegg posts an 8.6 % rise
Germany: Turnover of the Künzelsau electric motor and fan manufacturer Ziehl-Abegg rose from $633 M (€583 M) to $687 M (€633 M) in the year of 2019.
The boom regions were Asia, Europe and the USA. The year 2020 had also got off to a good start – until the corona crisis.
In this current year, the corona crisis has forced many people to work from home which requires a sound network infrastructure with large data centres. Ziehl-Abegg fans have been used for many years for cooling, both in networks and data centres. “This is an important market for us and one that is growing rapidly worldwide,” emphasises company CEO Peter Fenkl.
“Customers want a very prompt service” says Fenkl, explaining why Ziehl-Abegg is setting up a further production facility for energy-saving EC electric motors in the USA. The new manufacturing plant in North Carolina will enhance the speedy implementation of specific customer requirements.
The elevator division at Ziehl-Abegg also delivered a positive performance in 2019.
Frequency inverters from Ziehl-Abegg are increasingly used to control and regulate various electrical items of equipment.
The automotive division secured a good position for itself in 2019 with its ZAwheel electric in-wheel hub drive for buses: conversion solutions that turn a diesel bus into an electric bus within a week.
Ziehl-Abegg is also becoming an established force in the new vehicle business. Passengers in London, Brussels or Paris can now experience the benefits of the in-wheel hub motor as a drive unit for new double-decker sightseeing buses.
The growth in sales was also accompanied by an increase in the number of employees: in Germany, Ziehl-Abegg employs 2,400 people (previous year: 2,250), worldwide the figure is 4,300 (previous year 4,100).