Manz AG receives order from US manufacturer of electric vehicles for an assembly line for Li-ion battery modules
Manz AG receives order from US manufacturer of electric vehicles for an assembly line for Li-ion battery modules
Reutlingen, January 12, 2021 - Manz AG, a global high-tech engineering company with a comprehensive technology portfolio, has received an order in the Energy Storage segment from a US manufacturer of electric vehicles for an assembly line for battery modules in the lower double-digit million-euro range. The order will be recognized in sales and earnings in fiscal years 2021 and 2022.
With many years of expertise in automation, laser processing, vision and metrology, wet chemistry and roll-to-roll processes, the company offers manufacturers and their suppliers innovative production solutions in the areas of photovoltaics, electronics, and lithium-ion battery technology. The company's product portfolio includes both customer-specific developments and standardized single machines and modules, which can be linked to create complete custom systems. Manz AG offers high-quality, needs-based solutions that can be integrated early into customer projects to contribute significantly to customer success. The company, listed on the stock exchange in Germany since 2006, develops and produces in Germany, Slovakia, Hungary, Italy, China and Taiwan. It also has sales and service branches in the USA and India. Manz AG currently employs roughly 1,500 workers worldwide, around half of whom work in the Asia region, which is key to the company's target industries. Manz Group revenue in the 2019 financial year totaled around 264 million euros. Contact cometis AG End of Media Release Issuer: Manz AG Key word(s): Enterprise
12.01.2021 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Manz AG |
Steigäckerstr. 5 | |
72768 Reutlingen | |
Germany | |
Phone: | +49 (0) 7121 9000-0 |
Fax: | +49 (0) 7121 9000-99 |
E-mail: | info@manz.com |
Internet: | http://www.manz.com |
ISIN: | DE000A0JQ5U3 |
WKN: | A0JQ5U |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1159859 |
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1159859 12.01.2021