- Manufacturer of high-performance drive belts invests approximately 7 million euros in new logistics centre in Höxter /Germany, its principal seat of business
- New Sales Office in Columbia Opened on 01/04/2014
Höxter, 26 August 2014. As in previous years, the Arntz OPTIBELT Group once again reported a year-on-year growth in revenues for 2013, achieving the highest total in the annals of the company at 210.4 million euros. The figure also implies that revenues increased by more than 50 percent since 2009. Going forward, the manufacturer of high-performance drive belts expects the ongoing year to see continued growth, given the robust order book balance. “In 2014, we expect to see the growth continue at a pace of around 5 percent to a total of nearly 221 million euros,” said Reinhold Mühlbeyer, CEO of the OPTIBELT Group. “And we were right on target at the mid-year point: The total of 137.6 million euros we had grossed by the end of July 2014 already equals a 6.9-percent increase compared to the prior-year period.”
Regions with the fastest-growing sales were Africa and the Middle East (+28.4 percent year on year by the end of July 2014). Other key markets are Asia (+8.8 percent) and the Americas (+6.1 percent). Having achieved a one-year growth of only one percent in Europe last year, the Arntz OPTIBELT Group increased revenues on its native continent by 7.8 percent during the first seven months of 2014.
Investing approx. 7 Million Euros in New Logistics Centre in Höxter
Notwithstanding its international focus, OPTIBELT remains committed to its traditional seat of business in the town of Höxter. In the coming months, the company will invest a total of around 7 million euros in the expansion of its storage capacity. An annex 17 metres tall with a floorplate of around 2,700 square metres will be added to the existing warehouse of 7,400 square metres on Gutenbergstrasse, its completion slated for 2016. The new high-bay racking warehouse will have an automatic miniload warehouse with more than 26,000 storage slots and a high-bay racking system with a capacity of more than 9,000 pallet slots At the same time, office units will be created. The construction work is supposed to begin before the end of the year.
“Our current spectrum of more than 26,000 articles and the stock quantity necessary for quick and reliable customer deliveries have ceased to be a realistic proposition with the existing warehouse. That is why we are currently using four different storage locations in Höxter alone and another two in Holzminden and Kassel, respectively,” elaborated Konrad Ummen, member of the management board. “Merging the entire stock in a single central logistics centre will enable us to respond swifter and more efficiently to customer requests.”
For 140 years, OPTIBELT has been domiciled in Höxter, from where it controls its global network of now 7 manufacturing sites and 30 distribution sites in 29 countries. Roughly 700 out of the company's global workforce of 1,700 staff work here. The Höxter plants produce V belts and ribbed belts for mechanical engineering, agricultural machinery, the automobile industry, plus films for the medical and the automotive sectors.
New Sales Office in Columbia Opened on 01 April 2014
Aside from investing in Germany, the Arntz OPTIBELT Group has expanded its international footprint on growth markets around the globe. A case in point is the distribution and storage site in Brazil which was completed by 01 July 2014. Another example is the sales office in Thailand that was opened during the second quarter of 2014.
In response to enormous demand, OPTIBELT also opened another branch in South America during Q2 2014: The four staff working out of the new sales office in Bogota, Columbia, cover the areas sales and customer service or all countries in Latin America and the Caribbean excepting Mexico and Brazil where OPTIBELT already maintains a dedicated distribution structure. The company plans to keep adding new jobs in the years to come. “Columbia is the fourth largest national economy in Latin America, and Columbian engineers show a very high level of training,” argues Reinhold Mühlbeyer as he explains the destination decision. “There is a huge demand for high-quality products. Particularly our belts in the areas industrial, automotive, and agriculture are widely used in the market segments of mining, cement, celluloses, farming, food, oil and gas.”
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Ummen Communications GmbH
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Head of Marketing OPTIBELT
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