Arntz Optibelt Group generates record revenue of around €230 million in 2015
Producer of high-performance drive belts builds on its actuator expertise through the joint venture DESCH Power Transmission Center GmbH
Successfully expanded production at factory in Romania
Production capacity for polyurethane belts (Optibelt Material Handling, Rinteln) to increase
“Test Bay of the Future” in Höxter to expand
Höxter, September 6, 2016. The Arntz Optibelt Group increased its annual sales revenue again in 2015, setting a new record of roughly €230 million. The producer of high-performance drive belts expects revenue to increase again this year too.
CEO Reinhold Mühlbeyer said, “Our revenue for the first seven months of this year was €151.2 million, or around eight percent higher than the same period the previous year. That is why we expect to beat 2015.”
Joint venture: DESCH Power Transmission Center GmbH Arntz Optibelt Group and DESCH Antriebstechnik (DAT) created a joint venture from subsidiary DESCH Power Transmission Center GmbH (DPC) on January 1, 2016. The goal of the joint venture will be to further develop the strengths of DPC as a leading expert provider of standard actuators in Europe.
“DPC has been a reliable Optibelt supplier for decades. Now we want to pursue a cooperative endeavor with them. DPC’s assortment of metals perfectly complements Arntz Optibelt Group’s range of drive belts,” explained Reinhold Mühlbeyer.
DPC’s future product range will include standard and custom sheaves, timing belt pulleys, V-belts and timing belts, elastic and rigid couplings, screw-on hubs and taper lock bushings.
Expanded production in Romania and higher capacity in polyurethane belt division Expansion of production facilities in Europe continued with the goal of meeting market needs. The extension in Romania was completed and put into operation in late 2015. The Material Handling production facility in Rinteln is being extended at the moment; it should have an extra 1,200 square meters of space by early 2017. Rising demand for products from this area and our entry into new sales regions have made it necessary to enlarge our floor plan and add new production machinery, and these extensions are enabling that.
“Test Bay of the Future” to expand Optibelt is expanding its testing facilities due to market requirements and its own product aspirations. Beginning in 2017, the expanded “Test Bay of the Future” will offer more than twice as much space as it does now. With sensorization, motorization and connectedness as well as modular test bay construction, it allows tests to be adjusted for special customer applications and enables products to meet the highest technical standards.