Displaying items by tag: Fuchs
Chile: Fuchs Group has purchased a controlling stake in the lubricants business of Comercial Pacific. The agreement will see it hold 65% of the company with Comercial Pacific retaining the remaining 35%. The acquisition focuses in particular on the customer base and workforce. Comercial Pacific is a long-standing Fuchs distributor in Chile in the mining, food, paper and cellulose industries. The company employs 13 people in sales and application engineering.
Fuchs and DMG Mori launch technology partnership
05 September 2017Germany: Fuchs Petrolub and DMG Mori have signed a contract for a technology partnership. The goal of the partnership is to jointly develop new lubricant solutions and services for machine tool applications. The plan also includes further progress in digitisation of production processes and condition monitoring of machines and plants.
"Use of the correct lubricant is decisive for optimal productivity when machine tools are used for intensive processing of components. In Fuchs, we are pleased to have acquired a globally-based technology partner, and together we want to continue expanding our technology- and service-excellence," said Christian Thönes, chairman of the executive board of DMG Mori.
DMG Mori manufactures machine tools with sales revenue of over Euro3.5bn. Fuchs develops, produces and distributes lubricants and related specialties.
Fuchs opens US$26m grease plant near Chicago
16 May 2017US: Fuchs Petrolub has opened a US$26m grease manufacturing plant, research laboratory and warehouse near Chicago. The 3150m2 unit in Harvey, Illinois will supply lubricants to the automotive, heavy-duty truck, construction, rail, and off-road markets in North America.
The expansion of the Chicago-area site is part of a US$330m investment by the company in 2016 to 2018 in its manufacturing and research and development facilities. The company also expanded its facilities in Mannheim and Kaiserslautern, Germany, and is opening new plants in Wujiang, China, Australia and Sweden. The Harvey facility is Fuchs' second grease plant in the US with the other in Kansas City, Missouri.
Germany: Susanne Fuchs has been elected to the supervisory board of Fuchs Petrolub in place of her father Manfred Fuchs. Manfred Fuchs, aged 78 years, resigned as deputy chairman of the board at the end of the group’s annual general meeting. The company’s chairman of the executive board is Manfred Fuchs’s son, Stefan Fuchs. Susanne Fuchs holds a doctorate in veterinary medicine and successfully completed her MBA at the Open University in the UK in 2016.
Stefan Fuchs opens new office for Fuchs Lubricants UK
13 April 2017UK: Fuchs chairman and chief executive officer Stefan Fuchs has officially opened Fuchs Lubricants UK’s new office in Hanley, Stoke-on-Trent. Ralph Rheinboldt and Dagmar Steinert of the Fuchs executive board were also in attendance with UK managing director Richard Halhead. Hanley is the site of the UK manufacturing plant for the Fuchs Group and the Fuchs Global Centre of Excellence for specialist sectors including machining, mining, glass and Silkolene motorcycle oils.
The new offices incorporate a number of energy-efficiency features such as LED lighting, climate control systems and insulation properties. Previous investment has seen solar panels installed within the manufacturing plant capable of 525kWp generating 14% of electricity demand. An open working environment also means that the chief executive officer’s office doubles as an additional meeting space.
Fuchs has also enhanced the Research and Development Technical Centre, which is attached to the new office block. This will create additional capacity for the analytical work carried out in the Service and Quality laboratories. The new test centre will see additional machine tools being installed to enhance the CNC (Computer Numerical Controlled) capabilities already in place.