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Leoni News

Leoni expects substantial burdens from the coronavirus pandemic and decides on measures to ensure the continuation of business operations

In view of the economic uncertainties associated with the spread of the coronavirus and the resulting challenges especially for the automotive industry, Leoni AG, Nuremberg (ISIN DE 0005408884 / WKN 540888) expects considerable burdens on sales, earnings and liquidity. The level of this impact is not foreseeable at this stage. Against the backdrop of the expected burdens, the Board of Directors today has decided on a number of measures to ensure the continuation of business operations. These include plant closures in Europe, North Africa and the Americas, the introduction of short-time work in Germany as well as comparable measures at further European locations. The implementation of these measures will significantly reduce material and personnel costs. In addition, Leoni plans to apply for financial aid to increase its financial flexibility.

B&R News

Double the storage capacity

B&R's new compact PLC offers twice the RAM of previous models from the Compact-S series.

IFM News

TCC wins Red Dot Design Award

The TCC temperature sensor has been awarded the Red Dot Design Award. The clear design language, ideal cleaning properties and high-quality materials that make it both ecological and economical have convinced the jury.

FLEXLINK News

The New RI20 Palletizer Simplifies Complex Processes

The new semi-open palletizing cell with an industrial robot arm simplifies the complex processes of a traditional palletizer. The easy-to-use unit can be up-and-running in just a few hours and its advanced safety system and two loading docks permit a capacity increase of up to 5%.

Schmalz News

Cable Carrier V-Chain Makes Space

Schmalz is expanding the product range for its flat jib, saving space at the same time: The new V-Chain packs the hose assembly for the vacuum supply into a cable track, making loose-hanging loops a thing of the past and allowing even forklift trucks to pass safely under the flat jib.

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