Self-Powered Hub Wheel Drive (Combination Wheel, Motor, Gearbox & Brake) Production Doubled in China

Offered as a .6 kW version, this powered hub wheel drive package includes the wheel with tire, AC motor, gearbox and brake. Typical applications include moving 1,000 - 5,000 pounds at speeds from 1.5 to 2.5 mph. The max wheel diameter is 230 mm. This is one of the most frequently sold products of ABM Drives Suzhou Co. Ltd.; revenue of the hub wheel drive is in the five-digit range.

Over ten years ago, in June 2007, ABM Greiffenberger Antriebstechnik GmbH founded its subsidiary ABM Drives Suzhou Co. Ltd. in the Chinese city of Suzhou, near Shanghai. ABM Greiffenberger went to China to better serve customers worldwide, to improve response- and delivery times, to ensure quick service and to strengthen its position in the global market. Today, there are 27 employees working in sales, purchasing and production in Suzhou. In 2017, sales are at 13 million EUROS.

By the end of August 2017, a move is planned into a new and larger building of 3,200 square meters. Robert Lackermeier CEO of ABM Greiffenberger Antriebstechnik says: "The old building is bursting at the seams, the move opens best prospects for the future." In these premises, further products will be built for the Chinese market, and new production processes will be added. "This will strengthen our position even more."

Bernd Hauenstein, General Manager of ABM Drives (Suzhou) Co, Ltd. says, "We have established ourselves very well in the Chinese market. We are offering comprehensive service with short response times because our employees are quickly on site." "The production in Suzhou ensures short delivery times. We are producing a very high quality which meets German and international standards."

The Weihua - Group, a prominent Chinese crane builder, has honored ABM as an "Outstanding Supplier." For the assessment, the selected criteria were quality, innovation ability, and delivery reliability. ABM Greiffenberger supplies Weihua with hoist and travel drives for hoist technology.

At several national and international production sites, an average of approx. 300,000 drive units are produced annually. It is the future goal for ABM to penetrate the focused markets of hoist technology, conveyor technology, storage logistics, material handling, e-mobility and renewable energies even more intensively. Also, the company aims at further areas, like construction- and textile machinery to increase world market shares.

ABM Drives Inc.

394 Wards Corner Road, Suite 110

Loveland, OH 45140

Phone: 513 576 1300

www.abm-drives.com

Contact:

Gabriel Venzin

President

email: gabriel.venzin@abm-drives.com

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