Starrag Group has been awarded a large order in the double-digit million range from Orizon Aerostructure, a highly specialized top-tier supplier to the aerospace industry. This order marks a significant breakthrough in the strategically important US Aerospace segment. The Ecospeed-series machines ordered by the customer offer the highest performance available in the market today. They will be connected to form a flexible manufacturing system and allow the customer to manufacture aluminum aircraft structures at a much lower cost than is possible using conventional fabrication methods.
The order consists of six Ecospeed F2060 machines that will be connected to form a flexible manufacturing system as well as two part-loading/unloading stations, a transport system, and nine pallet buffer stations for the placement of parts. The system will feature
the latest Starrag integrated production system software, which, among other advantages, will ensure connectivity between all components of the manufacturing system and facilitate preventive maintenance, true to the spirit of Industry 4.0.
Thanks in particular to their patented Sprint Z3 parallel kinematic milling heads, Ecospeed machines have become a solution of choice for high dynamic, simultaneous 5-axis machining of complex, aluminum structural parts. They are capable of turning a four ton aluminum billet into a complex, high-precision structural part weighing 100 kilograms in less than 24 hours, which represents a 70% reduction in machining time. The ordered system was engineered in close collaboration with the customer right from the start, in
keeping with Starrag Group’s stated mission of delivering exactly what customers want in terms of profitability, safety and growth.
Installation of the new system will begin in early 2017 and is scheduled to be completed by the end of the same year. Starrag will actively support the customer throughout this period 2/3 and beyond with its extensive engineering and application know-how and onsite customer services.
Company profile Starrag Group:
Starrag Group is a global technology leader in manufacturing high-precision machine tools for milling, turning, boring and grinding workpieces of metallic, composite and ceramic materials. Principal customers are internationally active companies in the Aerospace & Energy, Transportation & Industrial Components and Precision Engineering sectors. In addition to its portfolio of machine tools, Starrag Group provides integrated technology and maintenance services that significantly enhance customer productivity.
Starrag Group products are marketed under the following strategic brands: Berthiez, Bumotec, Dörries, Droop+Rein, Heckert, Scharmann, SIP, Starrag, TTL and WMW. Headquartered in Rorschach/Switzerland, the Starrag Group operates manufacturing plants in Switzerland, Germany, France, the UK and India and has established a network of sales and services subsidiaries in numerous other countries.
Starrag Group is listed on the SIX Swiss Exchange (STGN).
For further information please contact
Walter Börsch
CEO
Phone +41 71 858 81 11
Gerold Brütsch
CFO
Phone +41 71 858 81 11
media@starrag.com
investor@starrag.com
Forthcoming events
- Preliminary information on annual results – 2016 26 January 2017
- Key figures 2016 / Annual report – 10 March 2017
- Annual general meeting – 28 April 2017
- Half year report – 2017 27 July 2017
The economic projections and predictions contained in this information relate to future facts. Such projections and predictions are subject to risks, uncertainties and changes which cannot be foreseen and which are beyond the control of the issuer. The Starrag Group is therefore not in a position to make any representations as to the accuracy of economic projections and predictions or their impact on the financial situation of the Starrag Group or the market in the securities of the Starrag Group.