Category: Milestones

Unfortunately, 2021 and 2022 were characterized by interrupted supply chains, drastically increased delivery times and noticeable price increases in the area of procurement. Fortunately, in 2022 we were again able to acquire numerous new customers in Turkey and, towards the end of 2022, a new customer in South Korea (Almac). Order intake in 2022 once again exceeded all expectations. Numerous and very interesting orders were booked in all product groups. The renewed substantial growth led and leads consequently to expansions at the two locations in Germany. In the course of the year 2022 it was then also decided to give up the location in Iserlohn and to move with TCT Induktionstechnik GmbH into a completely new administration and production building, designed according to the company's own ideas and built by a local property developer. The move to the new domicile in Menden will take place in the third quarter of 2023.

As of 01.01.2021, the newly founded TCT Induktionstechnik GmbH based in Iserlohn also belonged to the extrutec group. In addition to its original activities in the service and repair of technical foundry equipment, the subsidiary, which was created through an asset deal, is now involved in the manufacture of inductors, recooling systems, etc. for billet heating. Also the maintenance and repair of coils of any type belongs from the beginning to the tasks of TCT Induktionstechnik GmbH.

During the year, the renowned Aluminium Journal ran the headline "extrutec has successfully used the Corona crisis". In the published article it was not only possible to report about the new external appearance, but a multitude of new inventions of extrutec GmbH could be presented to the public. Thus two patents and two further trade marks were registered. The Alpha Flex Technology and the electrically resistance heated high convection inline oven (EHKO) are the latest patents of extrutec GmbH. In addition, the Power Focus Technology^TM a further development of the extrutec induction furnace and the Eco Heating Process (EHP^TM) a highly efficient heating process consisting of various extrutec technologies, have been established as trademarks.

Since September 2021, extrutec North America is also part of the extrutec group as a sales organization, but an independent and registered company. The office is located in the premises of the company WEFA. extrutec cooperates on the American market with the renowned manufacturer of extrusion tools from Singen With this foundation of the company, the activities to penetrate the highly interesting North American market will then be considerably strengthened again. The extrutec group's corporate development continued to be extremely successful in 2021. Order intake and sales were once again increased.

This business year will be the biggest change in the company's history. In the second half of 2019, Stefan Beer, the longstanding managing director and co-owner of IAS changing to extrutec. This means that we have been able to add a new range of all kinds of products to our induction heater system portfolio.

In this business year, several inline heater systems of the latest generation developed by extrutec have been sold.

In 2019, further records were also achieved in sales (ca. EUR 15 million) and new orders.