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Group Report

Oerlikon Fairfield Drive Systems

Oerlikon Fairfield Drive systems is a world leader in the manufacture of planetary gears, loose gears and custom designed transmission systems.

Its major end markets include construction, agriculture, mining and surface mining, railway, offshore drilling, and aerial work platforms. In 2006 the business unit made a major advancement in business development becoming a provider of "total engineering solutions". Its merger with Oerlikon Graziano Drive Systems opened new market opportunities in Eastern and Western Europe as well as in Asia. As a result, in 2006 new orders received rose by 313 percent, sales increased by 94 percent in the oil and energy market segment, and by 31 percent in railway drive components.

Milestones in 2006
  • Major expansion of its position in the oil and energy market as the preferred supplier of gear products to the off-shore drilling segment through a supply and development contract with Gusto MSB for high quality drive systems for oil drilling platforms.

  • Supply orders from Haulotte, Europe's leading manufacturer of aerial work platforms. The decisive factor in winning this order was the European presence of Fairfield since 2006.

  • Establishment and implementation of a sales office in the Asia-Pacific region.

  • Agreement of long-term contracts with companies such as SPX and Sauer- Danfoss.
Outlook

In 2007, Oerlikon Fairfield Drive Systems expects continued and sustainable growth in the energy sector, in mining and surface mining and in drive components for rail systems. The consistent strengthening of its market position in existing and new sectors through a broad range of new, highly specialized products and total engineering solutions forms a stable platform for continued successful business development.

High performance by Oerlikon Fairfield Drive Systems

Hydraquip
Innovative Oerlikon Fairfield planetary drive systems are used to raise and lower oil drilling and exploration platforms out at sea. Mr. Mel Victory of Hydraquip Corporation states: «Oerlikon Fairfield Drive Systems meets the demanding performance needs of the lift- and workboat industry. Fairfield's S60 planetary drive offers improved operating performance and longer life. Knowing that the experienced, expert team of Oerlikon Fairfield Drive Systems is available at all times provides the lift boat owners and operators with a strong sense of security».