Outstanding Annual Result for NKE Austria
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NKE AUSTRIA GmbH
Im Stadtgut C4
Steyr, A - 4407
Press release date: February 1, 2008
Sales increase of 63 percent - 30 new employees - 10 million euro for expansion of Steyr site
Steyr, Austria, February 2008. Steyr-based bearing manufacturer NKE Austria GmbH achieved outstanding annual results in 2007. With sales of 23.1 million euro, NKE's turnover was up 63 percent over the previous year. The main areas of growth were in the wind energy, gearbox and agricultural machinery sectors, with wind energy alone contributing orders worth several million euros.
At its head office in Steyr, NKE has created 30 new jobs in 2007, including three new managerial positions - for Procurement Logistics, Quality Management and Environmental Management as well as Project Management. The company now has 130 employees and plans to create another 30 positions per year over the next two years. NKE's international sales network has also been extended, with two new representatives, one in the United Kingdom and one in Italy.
2007 saw the introduction of a new ERP system, which has helped boost productivity and service efficiency. Investments were also made in Production and Quality Assurance, especially in relation to large-size bearings with a diameter of up to two metres.
Bearing manufacturer NKE plans to extend its Steyr site from its existing floorspace of 4 600 square metres to 11 600 square metres, of which 8 200 square metres will be for production and warehousing. The cost of the expansion is estimated to be ten million euros.
For 2008, NKE Austria aims to further extend its customer base and the global sales network as well as increasing employee satisfaction.
Company information about NKE: NKE Austria GmbH is a bearing manufacturer with headquarters in Steyr, Austria. Founded in 1996 by a group of senior staff members of former company Steyr Wälzlager, NKE offers both standard and special bearings for all industrial applications. NKE's core functions - engineering, product development, final processing of components, assembly, quality assurance, logistics, and sales and marketing - are centralised at its Steyr headquarters. The site is accredited to ISO 9001:2000 (design, development, production and distribution of bearings) and ISO 14001:2004. Its wide range of standard bearings is available from stock or at short production lead-times. It also provides tailored products and solutions. In addition to product and application development, NKE also provides a full range of technical services, consulting, documentation and training. NKE's products are distributed through 15 international representative offices and more than 240 distribution outlets in 60 countries.
Contact in the USA: NKE AUSTRIA GmbH, US representative office Mr. Dick Scott 20 Barney Road, P.O. Box 5255 Clifton Park, New York 12065 Tel: 518 371 5759 Fax: 518 383 6487
Contact in Canada: Global Bear Inc. 2064 Chartier Avenue H9P 1H2 Dorval, Quebec Tel: 514 631 1110 Fax: 514 636 7737 E-mail: firstname.lastname@example.org
Contact in Austria: NKE AUSTRIA GmbH Janet Mo, Marketing Ennser Str. 41a A-4407 Steyr-Gleink, Austria Tel.: +43 7252 86667 345 Fax: +43 7252 8666759E-mail: email@example.com