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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Fagor Automation alcanza un récord histórico en ventas de exportación

Fagor Automation reaches an all-time high in export sales

18/03/2011

March 18, 2011

fagor automation reaches an all-time high in export sales, approaching the level of the 70 million invoiced before the crisis. The company, in addition, proceed in 2011 new projects in the commercial, industrial, innovative and international fields. The actions will move from the launch of new products until the creation of technology for the electric vehicle and making investments in its plant in Mondragón and Usurbil.

Fagor Automation faces the year 2011 with the only question arising from the weakness of the European internal market. Other areas of the world already registered a remarkable recovery in 2010, which in his case resulted in the acquisition of a new historical mark in export: 58 million euros, representing an annual growth of 6%.

On the other hand, and to maintain the pace of product innovation, Fagor Automation apply more than 10% of revenue to r & d. The company, has thus joined projects supported by the Basque Government, the Ministry of industry and European institutions. The most recent, an Etorgai, will allow them to diversify into the electric vehicle. The research will take place between 2010 and 2012 along with Mondragon Automocion, Ecenarro, Fagor Ederlan and Cegasa. Fagor Automation work will focus on the creation of an electric machine and a loader that will use the power of a positive-ignition engine to charge the battery and extend the range of operation of the vehicles above 300 km.

Moreover, in the field of the machine tool, participates in two projects to optimize the processes of machining in large machines: the pump Zenith, alongside Ibarmia, Correa, Juaristi and Ona; and European Chameleon, together with Soraluce and Goialde. And you undertake a project Innpacto-Fore with the Complutense University of Madrid to create angular encoders of large dimensions, up to 2 meters, which will facilitate the positioning of large machines or scientific facilities. Also, has recently signed an agreement framework to three years to enhance the r & d Center of automation and Robotics in Madrid.

Finally, those responsible for the company have designed a plan of investment amounting to EUR 3 million for 2011. The funds will be allocated to strengthen the capacity of machining of engine in Usurbil with the incorporation of boring machines; and to improve the finishes and details on the floor of Arrasate with the automation of work that will require, among other equipment, the installation of a special line of coatings, automatic dispensers and robots.

Related Companies or Entities

Fagor Automation, S.Coop.

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