NORD DRIVESYSTEMS Achieves Over 1 Billion Euros in Sales
Drive technology specialist NORD DRIVESYSTEMS is set to surpass 1 billion euros in revenue for the first time by the end of 2022/2023. The company views this milestone as validation from its customers.
Drive technology specialist NORD DRIVESYSTEMS is poised to exceed 1 billion euros in revenue for the first time at the turn of the year 2022/2023. The company attributes this achievement to customer trust in its solutions.
NORD DRIVESYSTEMS develops and manufactures drive systems, including gear units, motors, and drive electronics, serving over 100 different industries. Sales Director Gernot Zarp stated that the company's drive solutions meet industry demands and highlighted NORD's reputation as a reliable and competent partner.
The company emphasizes increasing system energy efficiency and reducing total cost of ownership (TCO) for its clients. The IE5+ permanent magnet synchronous motor, which surpasses the highest defined energy efficiency classes, is cited as an example. Current energy prices are driving demand for such efficient solutions.
Zarp also credited the sales growth to the consistent quality of NORD products. The majority of components are manufactured in the company's own production facilities worldwide, ensuring high quality.
NORD views this sales milestone as encouragement to further optimize its operations for the benefit of its customers.