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Jenoptik To Invest €11million In New Production Facility For Metrology

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New production facility will focus is on smart manufacturing and automation based on optical and photonic technologies.

Lasers and photonics systems giant Jenoptik
has announced that it is to invest €11 million in a new production
facility for industrial metrology. Upon completion, around 220 metrology
employees in Villingen-Schwenningen will gain access to the latest
development, production and office facilities for global automotive and
industrial customers.

The construction work will start in the spring of 2019 and employees
are expected to move into the new building, which is located in the
Salzgrube industrial estate (near the current location), in the spring
of 2020.

Jenoptik President & CEO Stefan Traeger commented, "Our current
buildings and other areas no longer meet the requirements for the latest
working and production environments. Investments in cutting-edge
infrastructure for the benefit of our employees and customers are a
fundamental part of Jenoptik's development in the coming years.".

Besides modern laboratory, testing and production areas, the space
for services and customer support will also be considerably expanded.
This will create large rooms for demonstrations, training sessions and
meetings, all equipped with the latest technology.

Jenoptik's metrology targets customers from the automotive
industry and, increasingly, also other industrial customers, who are
focused on manufacturing high-precision parts. The product portfolio
includes contact and non-contact production metrology with micrometer
precision for the pneumatic, tactile or optical testing of roughness,
contours and shape as well as the inspection of dimensions and surfaces
as process and quality control. The focus of future development is on
smart manufacturing and automation solutions based on optical and
photonic technologies for automotive and industrial customers.

The company is investing in modern development and production
facilities as well as customer centers. "For the Automotive division,
investments in modern development and production facilities as well as
customer centers ensure sustainable growth", says CFO and Head of
Division Hans-Dieter Schumacher. In the Automotive division, for
example, the new technology campus at the US Rochester Hills site was
inaugurated in spring last year. A new plant is also under construction
at the Bayeux site in France.

The Jenoptik Group's investments are expected to rise from just
under 38 million euros in 2017 to well above 40 million euros in the
current financial year.



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