RAMPF Group continues to grow
The international RAMPF Group is continuing on its growth path – consolidated sales in the last financial year 2016/17 were 169 million euros, a rise of 10.5 percent on the previous year.
With innovative and customized products for reactive casting resins, machine systems, and composite-based lightweight construction, the companies of the international RAMPF Group achieved solid growth on virtually all markets in financial year 2016/17.
RAMPF Production Systems, RAMPF Eco Solutions, RAMPF Polymer Solutions, RAMPF Tooling Solutions, and the Japanese subsidiary RAMPF Group Japan all performed well in a globalized and dynamic competitive environment and continued to grow, while RAMPF Machine Systems maintained last year’s sales levels.
Double-digit growth in China and the United States
The Chinese subsidiary RAMPF (Taicang) benefited greatly from the increasing quality requirements on the Chinese market with machine beds made of mineral casting and two-component plastic systems based on polyurethane, epoxy, and silicone. Due to the long-term positive market outlook, production capacity is being increased substantially in 2018 with the construction of a new production building.
The North American subsidiary RAMPF Group, Inc. achieved significant growth on the markets of the NAFTA region (United States, Mexico, and Canada) with casting resin systems, mixing and dispensing systems, and materials for modeling and mold engineering. Growth was also driven by the successful integration of Innovative Polymers Inc., acquired in July 2016, a leading U.S. supplier of polyurethane systems for applications in tool and model engineering.
RAMPF Composite Solutions, a leading expert in the design, engineering, and manufacture of composites parts for the aerospace and medical industries based in Burlington, Canada, is also growing: With numerous projects and new applications, particularly in the aviation industry, the company is very well placed to play a key long-term role in the success of the RAMPF Group.
Record investment of 20 million euros
Mirroring the growth in sales, the number of employees has also risen. At the end of financial year 2016/17 at June 30, 2017, RAMPF had a workforce of 794 worldwide, 10.9 percent up on the previous year. In the first five months of the current financial year 2017/18, this figure further increased to over 830.
“RAMPF has enjoyed uninterrupted growth since financial year 2009/10 thanks to the close and trust-based collaboration with our customers and partners, and the commitment and creativity of our employees,” says Michael Rampf, CEO of RAMPF Holding. “We’re looking to continue this positive trend, which is why we’ll be investing around 20 million euros in new buildings, machinery, plants, and our employees in the current financial year – a record sum for our group.”