In 2010, MANN+HUMMEL Group experienced a process from insufficient orders, to full amount to excess, and finally achieved sales of 2 billion euros (in 2009 sales of 1.67 billion euros), setting a record. When Mr. Alfred Weber, Chief Executive Officer of MANN+HUMMEL Global, spoke about the company's successful development, he said: “In 2009, we maximized the company’s size, development capabilities and talents, so that we can make rapid progress when the economic environment unexpectedly quickly picks up. reaction."
In 2010, MANN+HUMMEL not only realized the smooth operation of its business, but also laid a broad strategic foundation for the development of the next few years. In May 2010, this international automotive and construction machinery industry development partner and original equipment supplier actively adjusted the company's organizational structure to meet market challenges. The company's board of directors and the newly expanded group management committee composed of 11 senior management groups set the following goals: develop international business, improve operational efficiency, establish a zero-defect culture, and manage various complex businesses based on market changes. The new organization will be based on the foundation laid by MANN+HUMMEL over the years, especially in the past decade. MANN+HUMMEL as an expert in filtration technology has established bases in all continents and regions around the world, especially in markets with strong growth in automobiles and industries such as Asia, Eastern Europe and Brazil, and continues to invest in these areas. For example, in May 2010, MANN+HUMMEL opened two new factories in China and laid groundwork for a new production plant in India in early December. The plant will be put into production in 2012. MANN+HUMMEL's companies in China and India have expanded the scope of localized products and established several R&D bases. In addition, MANN+HUMMEL also launched numerous new products for the global market.
In September 2010, MANN+HUMMEL acquired Ultra-Flo, an ultrafiltration membrane technology company in Singapore, and became another strategic milestone in the history of MANN+HUMMEL. Ultrafiltration membranes can be used in water filtration and other fields. The acquisition expands MANN+HUMMEL's technology base and product portfolio and will accelerate market penetration into the water filtration industry.
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