Würth Group Hires 70,000th Employee
FEATURE
Würth Group Hires 70,000th Employee
Würth Group reported sales increased 8.6% to EUR 5.93 billion (US$6.56 billion) in the first half of 2016, including “strong growth in Southern Europe.” Operating income improved double digits to EUR 275 million.
“Our multi-channel sales concept is bearing fruit: direct selling, brick-and-mortar stores and e-business,” stated Robert Friedmann, Chairman of the Central Managing Board.
In June, Würth hired its 70,000th employee. Salesperson Itziar Abal will help Würth customers in the automotive division of Guipúzcoa in Northern Spain.
During the first half, the number of employees increased 2.7% to 70,847.
In the last ten years, the Würth Group invested roughly EUR 4 billion in the Hohenlohe region around the company’s headquarters in Künzelsau, Germany. Recently, Adolf Würth GmbH & Co. KG inaugurated the new branch office and administration building at the location of corporate headquarters in Künzelsau-Gaisbach. Arnold Umformtechnik invested in three halls for new machinery at the Dörzbach location. And Würth Elektronik eiSos opens a new logistics center along with a fully automated shuttle warehouse, “one of the most modern of its kind in Europe.”
For 2016, Würth forecasts a sales increase to roughly EUR 11.9 billion.
For more Würth articles, click on the Fastener History section.
1997 FIN – Global Giant Würth Reentering North American Fastener Market]
Last month Service Supply Company of Indiana, with 41 midwestern branches in 21 states, announced it was negotiating a sale to Würth group.
1999 FIN – Reinhold Würth to NFDA: Future Belongs to the ‘Quick Ones’
“My mother intended for me to be a teacher so I would have holidays off and an easy life,” the fastener billionaire said, setting off laughter in the National Fastener Distributors Association audience.
2001 FIN – Würth Breaks 2001 Two-Digit Billion Sales Goal; Seeks 16% of Worldwide Fastener Market
“In the coming 10 years we will be able to think in dimensions of sales of DM20 billion to 30 billion,” the chair of the privately held Würth Group predicted.
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