Woco Industrietechnik GmbH Business Report up until FY ended Dec. 2014
Financial Overview |
(in million EUR) |
| FY ended Dec. 31, 2014 | FY ended Dec. 31, 2013 | Rate of Change (%) | Factors | |
| Overall | ||||
| Revenue | 555 | 500 | 11.0 | - |
Divestiture
-In Sep. 2007, together with its partner Michelin, the Company decided to position the Woco Michelin AVS joint venture on the market as an independent company. The equity investment company Arques will acquire the Woco Michelin AVS joint venture, which specializes in Anti-Vibration Systems for the automotive industry.
Contract
-In Aug. 2006, the Company signed an supply agreement with Russia's largest automobile manufacturer AvtoVAZ.
Joint Ventures
-In Nov. 2004, the Company and Motherson Sumi Systems of India established Woco Motherson Advanced Rubber Technologies Ltd (WMART). WMART, situated in Kandla, India, specializes in manufacturing rubber parts, rubber-plastic parts, rubber-metal parts and liquid silicon rubber parts. Product range includes bellows, grommets, sealing caps, shock dampers, cable grommets, LSR precision parts, gear covers, cover plates and stoppers, pedal covers and a wide range of gaskets.
-In Mar. 2004, the Company and Motherson Sumi Systems of India established Woco Motherson Elastomer Ltd. (WMEL). WMEL, situated in Noida, India, is a 100% E.O.U. and exports to Germany. The product range includes spring pads for suspension assemblies.
R&D Facilities
-In 2014, the Company is building a new technical center in Novi, Michigan, US. The facility will accommodate 20 to 25 employees on an area of 7,000 square feet. Major business activities will include sales, design engineering and so on. The new center also offer ample space for a prototype-making department with a testing laboratory for validation testing.
R&D Employees
| Dec. 2014 | Dec. 2013 | Dec. 2012 | |
| Total | 250 | 235 | 225 |
R&D Activities
-In 2012, under the slogan WOCO2 = CO2 and Woco, the Company focuses on noise reduction and fuel efficiency development, which lead to environmental protection.
Downsizing concepts turbocharger
Pneumatic actuators with integrated sensors
Wide band silencer
Diverter valve
Plastic turbocharger compressor
Air system management
Ventilation shutter control
EGR radiator with by-pass flap
Low-pressure EGR valve
Rear exhaust muffler with flue gas damper
Acoustics and heat management
PUF acoustic cover
Heat insulation
Acoustic insulation/ encapsulation
Safety features involving pedestrians
Multifunctional module
Thermal management
Media guidance in heating-/ cooling circuit
Rapid engine warm-up
SCR valves for temperature control of the urea
Investment outside Germany
<China>
-In 2013, the Company expanded Wuxi Woco Motor Acoustic Systems Co., Ltd. in Wuxi, China.
<Mexico>
-In 2012, the Company expanded WocoTech de Mexico S.A. de C.V. in Queretaro, Mexico.
<Russia>
-In 2005, the Company opened a new sales/R&D facility in Togliatti, Russia.
Investment in Germany
-In 2012, the Company expanded Kronacher Kunststoffwerk GmbH in Kronach, Germany.
Data
Number of Employees
| Dec. 2014 | Dec. 2013 | Dec. 2012 | Dec. 2011 | Dec. 2010 | |
| Total | 4,150 | 3,690 | 3,300 | 3,190 | 2,750 |
Sales |
(in million EUR) |
| FY ended Dec. 31, 2014 | FY ended Dec. 31, 2013 | FY ended Dec. 31, 2012 | FY ended Dec. 31, 2011 | FY ended Dec. 31, 2010 | |
| Sales | 555 | 500 | 454 | 450 | 383 |
Sales by Product |
(%) |
| N/A since FY ended Dec. 31, 2013 |
FY ended Dec. 31, 2012 | FY ended Dec. 31, 2011 | |
| Actuators | 30 | 30 | |
| Acoustics | 26 | 26 | |
| Automotive polymer | 24 | 24 | |
| Industrial polymer | 20 | 20 | |
| Total | 100 | 100 |
Sales by Customer |
(%) |
| N/A since FY ended Dec. 31, 2013 |
FY ended Dec. 31, 2012 | FY ended Dec. 31, 2011 | |
| OEM | 60 | 60 | |
| Tier 1 | 40 | 40 | |
| Total | 100 | 100 |