Bearing firm marks successful 2005
A
NKE Austria product story
Edited by the Engineeringtalk editorial team
Apr 27, 2006
Sales growth of 25.6%, strengthened team, doubled production and warehouse areas, expansion to nine new markets, and an extended product range conclude a successful 2005 for bearing firm.
NKE Austria concluded 2005 with huge successes - a sales growth of 25.6%, a strengthened team, doubled production and warehouse areas, expansion to nine new markets such as India and Chile, and an extended product range.
"While the sales from existing customers increased significantly, our consistent development of new markets has also contributed the remarkable growth", said Heimo Ebner, NKE's Managing Director.
"India, Chile, Estonia and Ukraine are examples of the nine new markets we developed in 2005".
Annual sales growth has never been lower than 20% since the company's establishment.
To cope with the rapid growth, NKE has been constantly strengthening its team.
In 2005, 15 new employees were recruited for the Steyr headquarters, in engineering, sales, production and special projects.
Five representatives were added for the markets of Austria, Germany, India and Russia.
The second phase extension of the Steyr site was completed in September 2005.
With the newly constructed 1600m2 hall, NKE's production capacity has been further enhanced, especially in cylindrical roller bearings.
The Steyr site consists of 4600m2 of building area, including 3200m2 for production and warehouse.
In the past year, many product ranges were expanded and introduced as stock items, for example deep groove ball bearings with brass cages, electrically insulated bearings, four-point contact ball bearings, IKOS, support rollers and cylindrical roller bearings.
For special applications, NKE also developed and manufactured numerous non-standard bearings for customers in various industries, such as agricultural machinery, heavy machinery, steel mills, gear boxes, pumps, electrical motors and railways.
"2006 marks the tenth anniversary of NKE Bearings", said Ebner.
"We would like to thank all our loyal customers and partners for their support over the years".
"For the coming years, our focus will still be customer service, production and quality assurance".
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