Growth in micromachining for Geartec in 2022

With a turnover of over 6,6 million euros, Geartec closed 2022 with a 30% growth compared to 2021, confirming a trend already highlighted in recent years.

“An important increase that consolidates our positioning – specified Giancarlo Piatti, technical director of Geartec -. A strategy that is reflected in the positive trends of the specific technical sectors with which Geartec collaborates especially since we have focused on micromachining as a differentiating core business”.

Future projections are also very positive thanks to recent investments which, when fully operational, will be able to further increase the production potential of the Legnano (Milan) company. In fact, at the beginning of 2023 the company acquired a new Emco MAX Mill 630 5-axis milling center intended to support the other devices, such as the recent DMG Mori DMU50 5-axis milling center which required an investment of 500.000 euro, equipped with the Robo Trex 52 automation system capable of automatically loading and unloading semi-finished and finished pieces.

“Our parterre of machines has become so important that today it consists of no less than 20 machining centres – continued Piatti -: a real integrated system which in 2022 produced over 30.000 pieces only as regards to micromachining, whose value contributes 1,3 million euros on total turnover”. Electronics is generally confirmed as the most important and profitable sector for Geartec, with an overall incidence of 36% of the company’s total operating volume, while the food & beverage, mechanical and manufacturing and medical markets represent respectively a share of 30%, 11% and 8%.

The year 2023 also promises to be an important and transitional year for a series of other initiatives that the company has completed and is implementing. In fact, a photovoltaic system has just been installed which confirms Geartec’s commitment and attention to sustainability. According to forecasts, this plant will cover approximately 30% of annual electricity consumption. The innovations anticipated by Piatti also include the start of construction of a new shed adjacent to the current headquarters, with an area of 500 square meters for a total investment of around 2 million euros. The new structure will be ready by 2023 and will be completely dedicated to micromachining and all applications that require complementary machining and precision milling, accurate executions, in compliance with extremely tight tolerances, alongside assemblies and other special treatments which may concern, in perspective, not only plastics but also other materials.

“A further turning point in an ongoing process that consolidates our specific positioning – concluded Piatti -. In fact, Geartec is increasingly setting itself as a highly qualified strategic consultant able to assist customers in choosing the most suitable materials and processes according to specific needs. This has become our operational focus which makes us expert and reliable interlocutors, timely and completely different from other contractors”.

Contenuti correlati

• 
  Force torque sensor by Bota Systems for high sensitivity in cobots

  Bota Systems has unveiled the new force torque sensor SensONE T5, a highly sensitive iteration of its existing SensONE sensor, developed for small payload cobots. The SensONE T5 boasts an exceptional sensitivity level of 0.05 N /...
• 
  Sustainable electromobility, Denso to invest € 67 billion in R&D

  Denso is planning an investment of € 67 billion that will allow it to develop technologies for electromobility and expand its portfolio. In his first European public appearance as president and COO of Denso, Shinnosuke Hayashi revealed...
• 
  Metrology and inspection in semiconductors, Marposs acquires Solarius

  Marposs, the Italian company specialized in measurement and process monitoring technologies, announces the acquisition of Solarius Development, a leading provider of high-tech manufacturing solutions for the consumer electronics and semiconductor industry. Both segments are of strategic importance...
• 
  Sustainability in electronics with Hexagon’s cloud-based digital reality for Altium

  Hexagon’s Manufacturing Intelligence division and Altium have entered a strategic partnership which will help the design and manufacturing of electronics be more environmentally sustainable. The partnership combines Hexagon’s expertise in utilizing data from design and engineering, manufacturing...
• 
  Electronics and mechatronics, Bonfiglioli acquires Selcom Group

  Bonfiglioli has agreed to acquire Selcom Group from funds controlled by Avenue Capital Group and Europa Investimenti. Selcom Group specializes in the design, production and sale of electronic boards, electronic products, as well as software and solutions...
• 
  Gefran sells its drives business to the Brazilian group WEG

  Gefran S.p.A., following the resolution of the Board of Directors, has signed a framework agreement for the sale of the drives business to the Brazilian group WEG S.A. for a total value of 23 million euros. The...
• 
  Innovation and training for machine automation, ABB opens new campus at B&R in Austria

  ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. The new campus will create up to 1.000 additional high-tech jobs and includes...
• 
  Oil-free air compressors with new CompAir D-Series

  CompAir launches a new range of oil-free rotary screw compressors of the D-Series, which covers air and water-cooled models from 37 to 75 kW. The series is available in both fixed and regulated speeds (RS) delivering ISO...
• 
  Liquid and fast curing sealants by Delo

  Delo presents the silicone-free liquid sealant Delo Photobond SL4165 for the automotive, electronics, and white goods industries, ensuring protection from dust, air and water. The flow-resistant, highly viscous liquid sealant can be applied in the desired height...
• 
  Sadas and Sei Sistemi merge into a unique player for industrial automation

  The Italians Sei Sistemi and Sadas Group announced a plan to merge into one organization called Alsiter – The automation mover, aiming to be a reference player for system integration in industrial automation and electrification with an...