Major events in 2017
Detroit/USA: Schaeffler presents innovative drive concepts and solutions for the U.S. market at the North American International Auto Show (NAIAS) 2017 in Detroit. The best example is the “Schaeffler High Performance 48 Volt” concept vehicle with a Schaeffler electric rear axle that assists the internal combustion engine driving the front axle. Digital mobility solutions to complement the conventional automotive business are a further theme at NAIAS.
Berlin/Nuremberg: Outstanding ideas, courage, entrepreneurial and team spirit, and opportunities for exchanging information: That’s what Schaeffler aims to gain from cooperation with two business incubators. In February Schaeffler and Factory Berlin sign a partnership agreement for what is known as an Innovation Hub. In October the Zollhof Tech Incubator is inaugurated in Nuremberg. With financial support from companies like Schaeffler, this incubator gives IT start-ups the opportunity to further develop and implement their ideas, to exchange information, and to develop a network with science, industry, and investors.
Shanghai/China: Mobility requirements for the Chinese market are diverse. At Auto Shanghai 2017, Schaeffler presents products for the electrified drive train that are customized for the Chinese market and ready for volume production.
Fort Mill, Wooster/USA: Schaeffler reinforces its activities in the U.S. market. With an investment of approximately EUR 32.5 m, the company creates 105 new jobs at its Fort Mill location in South Carolina. In November, Schaeffler invests more than EUR 51 m to create of new production areas, a shipping center, and office space at its Wooster plant in the U.S. state of Ohio. The Wooster facility now employs nearly 2,000 staff.
Buehl: Schaeffler presents and explains its strategic direction and long-term growth perspectives at its Capital Markets Day to some 40 analysts and investors in attendance. As part of its strategy “Mobility for tomorrow”, the company has defined E-Mobility, Industry 4.0, and Digitalization as key opportunities for the future.
Montreal/Canada: Lucas di Grassi is the Formula E Champion 2016/2017, triumphing with Team ABT Schaeffler Audi Sport in the electric racing series. As the exclusive development partner for the powertrain of the ABT Schaeffler FE02, electric mobility pioneer Schaeffler demonstrated foresight by taking on the Formula E commitment three years ago, now celebrating a great triumph in the innovative racing series that has moved into clear focus with automobile manufacturers and the global public.
Frankfurt: As part of its strategy “Mobility for tomorrow”, Schaeffler presents a comprehensive and sustainable approach at the IAA. This includes the entire energy chain from the generation and storage of energy, through to mobile energy use in eco-friendly vehicle drives.
Schweinfurt: Schaeffler begins the process of remodeling its corporate presentation around the “Schaeffler” corporate brand. Harmonization of the group's brand identity and corporate presentation is part of the “Global Branding” project, one of the 20 initiatives that make up the excellence program “Agenda 4 plus One” with which the company is driving forward its strategy “Mobility for tomorrow”. This realignment kicks off at the company’s Schweinfurt location.
Chengdu/China: Schaeffler expands its cooperation with Southwest Jiaotong University, intensifying its collaboration in the research and development of axlebox bearings for rail vehicles. The university is now part of the “SHARE” network (Schaeffler Hub for Advanced Research), which consists of cooperation partnerships with universities, institutes, and research facilities and is being consistently expanded.
Herzogenaurach: Schaeffler concludes a purchase contract for 100 % of the shares of autinity systems GmbH. The Chemnitzbased IT company specializes in digital machine data recording and evaluation. This acquisition represents a further important step in implementing the Schaeffler Group’s Digital Agenda.
Svitavy/Czech Republic: The Schaeffler Group reinforces its lasting course for growth in Eastern Europe with investments worth around EUR 100 m and the creation of 900 new jobs within the next three years. With the new plant in Svitavy, Schaeffler strengthens its distinct manufacturing network in Eastern Europe.
Tokyo/Japan: At the Tokyo Motor Show 2017, Schaeffler presents solutions for a carbon-neutral mobility of the future, taking the entire energy chain into consideration. Electric mobility plays an important and forward-looking role in this mix. Products and systems that meet the new mobility requirements of the Japanese and Southeast Asian markets are presented at the motor show.
Langen: Schaeffler announces plans to invest EUR 180 m in building a state-of-the-art assembly and packaging center in Halle (Saale) in Saxony-Anhalt. Spare parts and repair solutions for the Automotive Aftermarket will be assembled and packaged there in an area of about 40,000 square meters.
Dong Nai/Vietnam: Schaeffler continues with the strategic expansion of its manufacturing footprint in Asia/Pacific by building a new plant on a 100,000 square meter property in the Dong Nai province. The investment of around EUR 55 m significantly increases Schaeffler’s local manufacturing capacity. The plant will be the first needle roller bearing production site in the region and serves to expand the range of radial insert ball bearings for industrial customers.
Herzogenaurach: Schaeffler acquires the remaining 49 % stake in Compact Dynamics GmbH from SEMIKRON International GmbH. The acquisition expands Schaeffler's development capacities and service portfolio in the field of electric drives. Compact Dynamics has experience in the small-volume manufacture of electric motors for cars and light commercial vehicles, as well as for the aviation sector.