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Trumpf

From Wikipedia, the free encyclopedia
This article is about the German company. For the 1930s car, see Adler Trumpf. For the former Secretary-General for the Council of the European Union, see Jürgen Trumpf. For the surname, see Drumpf.

Trumpf SE + Co. KG
Company typePrivate (SE/KG)
IndustryMachine industry
PredecessorMechanische Werkstätte Julius Geiger
Founded1923; 101 years ago (1923)
FounderChristian Trumpf
Headquarters
Ditzingen
,
Germany
Number of locations
80 (2022/23)
Area served
Worldwide
Key people
Revenue€5,364.5 million (2022/23)
€461,8 million (2022/23)
Total assets€5,019 million (2022/23)
Total equity€2,700.4 million (2022/23)
Owners
  • Leibinger family (90%)
  • Berthold Leibinger Stiftung (10%)
Number of employees
18,352 (2022/23)
Divisions
  • Maschine tools
  • Laser technology
Websitetrumpf.com

Trumpf SE + Co. KG is a German family-owned[1] company based in Ditzingen near Stuttgart, Baden-Württemberg.[2] It originates from Julius Geiger's mechanical workshop. The Trumpf and Leibinger families transformed the medium-sized company into a globally recognized industrial group.[3] Today, the company is one of the world’s largest suppliers of machine tools and a leader in laser technology. Trumpf is one of the most well-known representatives of the German 'Mittelstand.'[4][5]

History

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Weilimdorf production site in 1933
One of the frist motor-driven hand shears

Growth in early years

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Christian Trumpf bought Julius Geiger's mechanical workshop in Stuttgart, Germany in 1923. The company initially produced flexible shafts. These were used to drive drills and other tools. Following the development of a motorized drive, the shafts were increasingly used in industry, for example in metal and woodworking. The first motorized hand shears for cutting sheet metal were introduced by Trumpf in 1934.[6]

In the 1920s, the company grew to more than 70 employees. In 1933, the administrative and production headquarters were moved to Weilimdorf, a suburb of Stuttgart.[7] To reflect the change in ownership, the company name was changed to Trumpf & Co. in 1937. The new name was used with the additional text "formerly Julius Geiger" for a few years after the change.[8]

During the 1930s and 1940s, Trumpf manufactured mainly flexible shafts and electric hand shears. The company was a supplier to Elektron Co. of Bad Cannstatt, a manufacturer of compressed air systems. This company produced foot pumps that were also used in military aircraft.[9] Trumpf employed around 100 people during the Second World War. A third of them were French forced laborers. Most of them came from Vierzon, south of Paris, France.[6]

Post-war reconstruction

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The company's factories remained largely undamaged during the war. As a result, production quickly resumed after the end of the war. By 1950, Trumpf was generating more than one million DM in sales revene. The rapid growth of German economics across all industries boosted demand. During the 60s and 70s, the company was no longer focused mainly on flexible shafts and electric hand shears.[6]

The foreign customer base that Trumpf built up through its presence at international trade fairs also contributed to growth. The first foreign subsidiary was established in Switzerland in 1963.[10] In 1969, the company entered the US market.[11] In 1977, Trumpf entered the Japanese market.[12] Trumpf products were sold in more than 100 countries.

Trumpf continued to expand its production capacity to meet growing demand. In 1972, the company moved its headquarters to Ditzingen near Stuttgart, where new administration and production buildings were built. The company's head office is still located there today.[13]

Ownership transition

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As Christian Trumpf had no children, he appointed Hugo Schwarz as commercial director in 1953. Berthold Leibinger was appointed technical director in 1966. Leibinger gradually bought out the Trumpf’s shares, so that by 1972, Leibinger and Schwarz were the sole shareholders.[14]

When Trumpf died in 1977, Leibinger succeeded him, becoming CEO in 1978. Under Leibinger's leadership, many innovations were developed.[15] The first sheet-metal working machine with numerical path control attracted worldwide attention.

Global expansion

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In the 1980s and 1990s, Trumpf developed from a medium-sized, southwestern German, or Swabian, company into a global corporation.[16] The company's strategy became an exceptional example of German engineering industry.[17]

Leibinger played a key role in the company's rise to market leadership. In 2005, he moved from the managing board to the supervisory board, where he remained until 2012.[18] His daughter, Nicola Leibinger-Kammüller, took over the management of Trumpf.[19] Since then, revenue has risen from around €1.5 billion in the 2005/06 financial year to €5.4 billion (2022/23).[20] Leibinger-Kammüller broadened the group's base by setting up a bank and expanding software development capabilities.[21]

Operations

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Trumpf headquarters in Ditzingen

Ownership

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The holding company Trumpf SE + Co. KG is the organizational umbrella under which the Trumpf group operates. All investments are consolidated at the group level. Trumpf has more than 80 operating subsidiaries.[22]

Trumpf is wholly owned by the Leibinger family (90%) and the Berthold Leibinger Stiftung,[23] foundation (10%). There have been no non-family shareholders since 2003.[24][25]

Management

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The managing board of Trumpf consists of seven persons (as of July 2023); the chairwoman is Nicola Leibinger-Kammüller.[26] The other members are Mathias Kammüller (digital), Lars Grünert (finance), Berthold Schmidt (technology) and Oliver Maassen (human resources) as well as Stephan Mayer (machine tool division) and Hagen Zimer (laser division).[27]

The supervisory board of Trumpf consists of an equal number of shareholder and employee representatives. It consists of twelve members (as of July 2023); four of them are women. The chairman is Peter Leibinger.[28]

Business units

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Trumpf laser in use for cutting

The operational business of the Trumpf group is organized into two divisions for machine tools and laser technology. In addition, there are four operating divisions for high-power lasers, additive manufacturing, laser diodes, and financial services.[29]

Machine tools

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Trumpf has traditionally focused on the flexible processing of sheet metal and tubes. Its portfolio includes machines and systems for cutting, punching, bending and welding.[30] These machines are used in the production of simple sheet metal parts, such as brackets, enclosures or housings, or for components of larger products manufactured, for example in machine and plant construction, commercial vehicles, air-conditioning technology and furniture construction.

Laser technology

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Laser technology is an alternative to sawing and milling.[31] Trumpf manufactures carbon dioxide and solid-state lasers (disc and fiber lasers). These can be used to cut and weld metal and to mark and process surfaces with lasers.[32] The company's continuous wave, short and ultrashort pulse lasers are used, for example, in the automotive, energy, aerospace and medical technology industries.

Trumpf lasers also play a key role in the manufacture of microchips. They are used to generate a plasma that provides the extreme ultraviolet (EUV) radiation for exposing wafers.[33][34] The portfolio also includes laser diodes, which are used in smartphones or battery components of electrified cars, for example.

Notes and references

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  1. ^ Hirn, Wolfgang (5 June 2020). "Die Firma als Heimat". Manager Magazin (in German). Retrieved 30 May 2023.
  2. ^ "Vom Kühlergrill bis zum Herzschrittmacher.", Südwest Presse, p. 10, 23 April 2015
  3. ^ Buchenau, Martin-Werner (22 October 2010). "Comeback: Chinageschäft beflügelt Trumpf". Handelsblatt (in German). Retrieved 30 May 2023.
  4. ^ Kramer, Bernd (23 May 2022). "Die Lust, Grenzen zu verschieben: Der baden-württembergische Maschinenbauer Trumpf vereint Pioniergeist und Bodenständigkeit". Badische Zeitung (in German). p. 6.
  5. ^ "Unsere Marktführer – Nichts, was es schon gibt". Süddeutsche Zeitung (in German). 23 July 2009. p. 24.
  6. ^ a b c "Die Trumpfs und die Leibingers". Spiegel (in German). 2020. Retrieved 30 May 2023.
  7. ^ Schreyer, Ulrich (12 May 2023). "Trumpf strahlt im Licht des Lasers". Schwarzwälder Bote (in German). p. 8.
  8. ^ Lutz, Sigrun (9 September 2024). "Von der Mechanik zur Hochtechnologie". Stuttgarter Nachrichten (in German). p. 43.
  9. ^ "Vom Nibbelkönig zum Smart-Factory-Anbieter: 100 Jahre Trumpf und 60 Jahre Trumpf Schweiz – ein Rückblick mit einer interaktiven Timeline". Technik und Wissen (in German). Retrieved 22 July 2024.
  10. ^ "60 Jahre TRUMPF Schweiz – von einer Autogarage zum Produktionsstandort". Schweizer Maschinenmarkt (SMM) (in German). 22 November 2023. Retrieved 22 July 2024.
  11. ^ Belforte, David (5 November 2019). "Trumpf USA celebrates 50 years". Laser Focus World. Retrieved 16 July 2024.
  12. ^ Raupach, Jörg (1998), Riesenhuber, Heinz; Kreiner, Josef (eds.), "Erfahrungen eines mittelständischen Unternehmens in Japan: Trumpf", Japan ist offen (in German), Berlin, Heidelberg: Springer, pp. 159–165, doi:10.1007/978-3-642-58866-2_10, ISBN 978-3-642-63766-7, retrieved 23 July 2024
  13. ^ Jaeger, Falk (30 October 2008). "Der Trumpf-Triumpf". Süddeutsche Zeitung (in German). p. 17.
  14. ^ Höltschi, René (10 October 2023). "Von Trumpf zu Leibinger: Der Chip-Pionier aus Baden-Württemberg". Neue Zürcher Zeitung (in German). p. 23.
  15. ^ Lutz, Sigrun (9 September 2014). "Ditzingen: Blauer Horizont als prägendes Element". Stuttgarter Zeitung (in German). p. 46. Retrieved 23 July 2024.
  16. ^ "Trumpf: Blick über den Zaun". Wirtschaftswoche (in German). 13 September 1985. p. 185.
  17. ^ Hartmann, Max (2013). "Die Wettbewerbsstärke deutscher Unternehmen in der Maschinenbaubranche: Eine theoretisch konzeptionelle Erklärung anhand der Diamant- und Clustertheorie". Research Papers on Marketing Strategy (in German). ISBN 978-3-00-043758-8. Retrieved 30 May 2023.
  18. ^ Heller, Michael (21 November 2015). "Berthold Leibinger wird 85: Von Trumpf beinahe besessen". Stuttgarter Zeitung (in German). p. 12. Retrieved 30 May 2023.
  19. ^ Labode, Andrea (30 September 2011). "Wenn Töchter den Vater ablösen". Welt (in German). p. 4. Retrieved 23 July 2024.
  20. ^ Schmale, Oliver (20 July 2023). "Maschinenbauer Trumpf blickt vorsichtig in die Zukunft". Frankfurter Allgemeine Zeitung (in German). Retrieved 20 July 2023.
  21. ^ "Not macht erfinderisch: Maschinenbauer gründet eine Bank". Handelsblatt (in German). 26 March 2014. Retrieved 30 May 2023.
  22. ^ "Trumpf SE + Co. KG". Unternehmensregister. Bundesanzeiger Verlag. Retrieved 1 March 2023.
  23. ^ Schreyer, Ulrich (27 November 2020). "Der Laser leuchtet auch über der Old Economy". Stuttgarter Zeitung (in German). p. 9.
  24. ^ Schreyer, Ulrich (30 September 2003). "Trumpf komplett in Familienbesitz". Stuttgarter Zeitung (in German). p. 11.
  25. ^ "Eine schwäbische Familienangelegenheit". Stuttgarter Zeitung (in German). 22 March 2005. p. 28.
  26. ^ Buchenau, Martin-Werner (14 January 2016). "Die Lichtgestalt". Handelsblatt (in German). p. 20.
  27. ^ Buchenau, Martin (22 March 2023). "Großes Stühlerücken bei Trumpf". Handelsblatt (in German). p. 31.
  28. ^ "Leibinger folgt auf Hambrecht". Reutlinger General-Anzeiger (in German). 22 March 2023.
  29. ^ "2022/23 Annual Report" (PDF). Trumpf. Retrieved 25 June 2024.
  30. ^ "Trumpf-Multigreifer punktet auch beim Biegen kleiner Stückzahlen". Maschinenmarkt (in German). Vogel Business Media. 14 November 2022. Retrieved 30 May 2023.
  31. ^ Schreyer, Ulrich (18 October 2018). "Das Licht des Lasers wies den Weg in die Zukunft". Stuttgarter Zeitung (in German). p. 11. Retrieved 30 May 2023.
  32. ^ Kuhn, Dietmar (26 March 2008). "Laser als Alternative zum Sägen und Fräsen". Maschinenmarkt (in German). Vogel Business Media. Retrieved 30 May 2023.
  33. ^ Veitinger, Thomas (2 December 2022). "Chip-Produktion: Komplizierteste Maschine der Welt kommt von Zeiss und Trumpf". Südwest Presse (in German). Retrieved 30 May 2023.
  34. ^ Dierig, Carsten (21 May 2019). "Diese Maschine sichert unseren Wohlstand". Welt (in German). Retrieved 30 May 2023.
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