17 February 2015
17 February 2015
Gurit has merged Engineered Structures and Automotive to form the new Composite Components business unit focused on land transportation component applications in the premium automotive, bus and rail markets.
From a sales reporting perspective, Gurit now subdivides its business into Composite Materials, Composite Components and Tooling. From a strategic perspective, it explains it will transform the automotive section of its Newport facility in the mid-term into a technology centre with product development, prototyping and production of smaller volume specialty manufactured components. The Hungarian site is projected to be more of a volume manufacturing site for pressed and manual components with a higher degree of automated production lines and technologies.
To achieve this industrialisation level in Hungary, Gurit is launching an almost CHF 6 million investment program during 2015 at the company`s existing production facility in Hungary. The investment is aimed at supporting the setup of substantially automated production lines for automotive components as a manufacturing base for the latest project win as well as series production of future automotive projects in Europe.
With regard to personnel, Gurit plans to reduce headcount at its facility in Newport, Isle of Wight, UK. The proposed reduction of 80 – 90 staff during March – April 2015 results from expiration of a customer project and the associated lower workload for manually manufactured automotive parts. Start of a recently announced new automotive project will only commence in Q4-2015. Gurit estimates that restructuring cost for the socially acceptable downsizing and associated measures will amount to approximately £300.000.
Fibrelite reports that since the start of its partnership with Trenwa more than 100 precast trench systems integrating Fibrelite composite covers have been sold for use in electrical substations, wastewater treatment plants, chemical refineries and many other applications across North America.
University of Southern Queensland (USQ)’s composites research and development was on display when the Centre for Future Materials (CFM) held its inaugural Open Day.
Haydale has produced and delivered eight composite general transition piece (GTP) sealing systems to National Grid UK, and has received an expression of interest for a further 60 over the next six years.