Dürr and EADS/Airbus conclude framework agreement
Dürr is successfully expanding its business with the aircraft industry. At the beginning of April the Group signed a framework agreement with aircraft manufacturer EADS/Airbus for the supply of a total of 57 painting booths. This major order is due to be executed in two phases and completed by the end of 2013; over half of the project will be executed in 2009 and 2010. Initially, a total of seven Airbus plants in Germany, France and Spain will be supplied; other locations might follow.
Ralf Dieter, Dürr AG's CEO, commented: 'The order is another milestone in the strategic expansion of our business with the aircraft industry, after we recently realized a complete assembly line for Airbus in China. It underscores our competence in executing large international projects. Moreover, the long term of the contract will assure a good basic level of capacity utilization in our aircraft activities.'
Important factors in winning the contract were, on the one hand, Dürr's international positioning and financial stability and, on the other, the Group's expertise in project management and paint systems engineering. The core product for the Airbus order is a modular standard painting booth to be used primarily for coating carbon fiber fuselage sections for the A350 wide-body aircraft. The booths will be delivered successively to all seven Airbus plants covered by the framework agreement.
Dürr is currently engaged in concrete negotiations on other projects for the aircraft industry. The expansion of the aircraft activities is part of its 'Dürr 2010' strategy. Here, Dürr is leveraging its existing technologies and core competences to strengthen fast-growing areas of activity and to penetrate new industries. As a supplier of plant and equipment for the aircraft industry, Dürr is expanding its business not only in painting technology but also in assembly systems.
The Dürr Group is a supplier of plant and equipment that commands leading global market positions in its areas of activity. Business with the automotive industry accounts for about 85% of its sales. Dürr also supplies innovative manufacturing and environmental technologies for the aircraft, mechanical engineering, chemical and pharmaceutical industries. The Dürr Group operates in the market through two divisions. The Paint and Assembly Systems division supplies production and painting technologies, mainly for automotive body & chassis manufacturing. The equipment and systems supplied by the Measuring and Process Systems division are used, among other things, for engine and transmission production and for final vehicle assembly. Dürr is present in 45 locations in 20 countries around the world. In fiscal 2008 the Group had approximately 6,100 employees and achieved sales of EUR 1.6 billion.