Igus Continues Growth Trend

Igus Inc. is continuing its growth trend.Despite difficult market conditions in 2012, Igus managed to increase turnover by five percent and finished the year on a record high. Igus is counting on “organic growth” this year, too. Within the context of a long-term investment program, significant capital will be directed at new product divisions, the expansion of existing product lines as well as global logistics and production. In 2012, Igus supplied products to more than 175,000 customers all over the world and was able to ship more than 4,200 shipments in average per day from its 13 global dispatch centers.The ReadyChain division – pre-harnessed Energy Chains and Igus continuous-flex Chainflex cables – grew at an astonishing high rate: around 341,000 pre-harnessed cable systems left world-wide production facilities last year.Igus is expecting additional growth from new product groups including semi-finished goods, ball bearings, spindle drives, electric actuators, and on-site assembly programs. Each product is now developed and marketed in separate business divisions with additional staff, space and production facilities.The number of employees increased last year to a total of 2,175, a seven percent increase. For customers, things remain simple. As before, they can contact sales engineers for Energy Chain Systems and for dry-running bearing technology. In addition, there is an expanded team of industry specialists providing support to sales engineers in the fields of machine tools, packaging machines, construction machinery, cranes, the agricultural sector, material handling, medical technology, energy sector, automotive production and robotics.