The result is longer tool service life and greater reliability between the different cutting edges of the same tool.
The acquisition extends and improves Oerlikon Balzers’ service offering in France and the Medical and Forming Tools market.
Just as significant are the surface and edge treatment, the interface engineering and optimal tool coating in order to achieve optimum results.
The result is longer tool service life and greater reliability between the different cutting edges of the same tool.
Sales continued to increase, notably in general industries, aerospace and automotive, and slightly in tooling.
Despite that, the Division noted continued recovery in automotive, tooling and general industries, as well as an initial soft recovery in aerospace, compared to the previous year.
Stronger demand was seen in the automotive and aviation sectors, while tooling had a slow start at the beginning of the year, but was seen to be gaining momentum toward the end of the quarter.
A key driver of this development was the high demand from the automotive and tool sector, primarily in Asia.
The troubled automotive and tool industries caused the decline in sales at Oerlikon Coating.
order intake (Q2 2020: CHF 238 million) and an increase of 7% in sequential sales (Q2 2020: CHF 262 million) compared to the second quarter, attributed to the initial recovery in the automotive and tooling
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