The Midest show was off to a good start yesterday with visits from potential customers interested in our sinter and cast components.
If in Paris do take the chance to come by our stand F077 in hall 6 to learn more about our FJ Sintermetal and FJ Automotive businesses.
Our sales team present is looking forward to meet you.
FJ Industries is exhibiting at Midest in Paris, France December 6-9 2016. Come visit us in Hall 6, stand F077 for a dialogue with our sales team present. We have a vast experience in manufacturing powder metal components and cast, machined and stamped metal components for the automotive, industrial and pharmaceutical industries.
MIDEST is the sole international show to specialize in industrial subcontracting. Conceived both as a network and a catalyst for industry, it makes it possible to initiate, consolidate and develop opportunities of all kinds for collaboration between those involved in the design and production of made-to-measure parts or sub-assemblies.
We look forward to welcoming both existing and new potential clients on our stand F077 in hall 6.
| Sten Millot | Jørn K. Nielsen |
| Area Sales Manager | Area Sales Manager |
| +45 23631372 | +45 23631359 |
| sm@www.fji.dk | jkn@www.fji.dk |
The Group’s financial report for 2015/16 shows significant growth in all key parameters. The expectation is, that the growth will continue in the coming years. FJ Industries continues the solid development and growth that has characterized the industrial enterprise in recent years, after a successful turnaround strategy was launched in 2013. Since then, FJ Industries has created significant growth every year, and this trend continues in the financial year 2016/2017. The 2015/2016 financial statements of the Group reflects an increase by 23 percent from DKK 131 M to DKK 161.7 M in revenue. Similarly, the profitability has also improved significantly. The strong results are even seen in a year with investments in automation and more efficient machinery well above the level of recent years.
“At FJ Industries we are very satisfied with the result, both in terms of revenue and on our profitability. It is largely due to the fact, that the plan for a turnaround made in 2013 has been followed strictly, and since then we have turned losses into profits. We have succeeded in developing our production in China, and we have kept a constant focus at our overall costs,” says FJ Industries’ CEO, Lars Wildenschild.
Furthermore, Lars Wildenschild points at the dedicated customer focus and well-defined work within FJ Industries, as important parameters for the good result. A result that has led to 42 new jobs in the Group, including 10 of them in Denmark, created in the period from April 2015 to August 2016.
“We have in relation to our customers worked hard to be very attentive and service-minded, and our customer satisfaction surveys shows that we have succeeded. Within the organization we benefit from strengthening the teamwork and delegating more decisions to our key employees, all in order for us to be as proactive and agile as possible,” he continues. FJ Industries expects continued growth in the coming years, as the order pipeline after the reporting period closing is above the level of 2015/16 and 2016/17 budget.
We are currently increasing the machining capacity significantly at our plant in Denmark by implementing new state-of-the-art fully automatic lathes. Furthermore, additional machines will be added in the coming years to meet the volumes needed bringing our total investment to several million DKK.
Sales Director, Joachim Riisager, comments that “this massive growth in our machining capacity is a result of last years’ close corporation with a highly valued customer within the automotive industry. Up until now all manufacturing to this particular customer has taken place at our plant in China, and so we are excited about the trust and confidence they are showing us by accepting components manufactured at FJ in Denmark as well. “
The very efficient process and the special raw material required, makes manufacturing in Denmark beneficial.
These automotive projects are for assembly in Portugal and Czech Republic, with volumes peaking in 2018-2021 with approximately 1 million pieces per year.
If you want to learn more about FJ Industries, check out our company video here: https://www.www.fji.dk/?showvideo=yes
It’s summer time and the production in Denmark will be closed for vacation from July 25 through to August 5, 2016. The office and warehouse remains open during those same weeks to ensure shipments proceed without interruptions.
In Sweden we will be producing with reduced capacity and in China production continues according to normal schedule.
We wish you all a relaxing and sunny summer time.
Did you miss the chance of catching up during the recent fairs in Stuttgart and Birmingham?
Don’t worry! We are back in the office and ready to take care of you!
Br
Joachim, Frank, Jørn, Sten, Fred
FJ Industries is exhibiting at Subcon in Birmingham, UK June 7-9 2016. Come visit us in Hall 4, stand G37 for a dialogue with our sales team present. We have a vast experience in manufacturing powder metal components and cast, machined and stamped metal components for the automotive, industrial and pharmaceutical industries.
Subcon is the UK’s premier manufacturing supply chain show, dedicated to subcontracting and outsourced engineering services. The show has been designed to connect buyers with suppliers across manufacturing supply chains, matching visitor needs to the capabilities of world class exhibitors.
We look forward to welcoming both existing and new potential clients on our stand G37 in hall 4.
| Joachim Riisager | Frank Hemmingsen |
| Sales Director | Area Sales Manager |
| +45 23631377 | +45 23631364 |
| jr@www.fji.dk | afh@www.fji.dk |
“The automotive industry is a vital part of our business and we are excited yet again to be present in Stuttgart at this important fair where we will be showcasing a wide range of our powder metal components as well as cast products” says Frank Hemmingsen, Area Sales Manager, who will be available in Stuttgart throughout the fair along with Jørn K. Nielsen, Area Sales Manager.
Global Automotive Components and Suppliers Expo will have Tier 1, 2 and 3 Automotive Component Manufacturers from around the world at the expo to display their latest technologies and products. The event co-hosts Engine Expo and Automotive Interiors Expo. The show is not open to the public and only key decision makers are invited to attend. A total of 11,000+ automotive engineers and purchasing chiefs from over 50 countries are expected to pass through the doors of Messe Stuttgart to visit. In all, over 600 leading industry suppliers will come together on 31 May – 2 June 2016 to exhibit their latest technologies.
We hope to see you soon in Stuttgart at stand 4716.
We appreciate all of you who took the time to visit us at our stand, and the beneficial talks we each had at the fair. Meeting existing customers and creating new opportunities is always positive and we are excited about the continued communication and cooperation we will have.
We hope to meet again next year in Hannover if not sooner!
