Wagner: Profitable Growth and Extensive Investment

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In order to further advance the process of change that was initiated two years ago, Wagner tripled its investment volume in the last financial year 2017/18, which ended on 31.01.2018, as well as in the previous year, compared to the average level of annual investment. The company reports very good, profitable growth and has its focus firmly on innovations. “We are investing at a very high level in order to realise our vision and to be the most innovative company for liquid and powder applications in everything that we do,” said Dr. Bruno Niemeyer, CEO of the Wagner Group and chairman of the management board of J. Wagner GmbH.

Examples from the Industrial Solutions Division are new products and solutions such as the web-based IoT (Internet of Things) platform and the IPS coating centre. The investment also includes infrastructure to improve the global corporate process landscape and the building infrastructure at different sites. In China, the distribution centre in Baoshan has been significantly expanded. In the USA, a new distribution centre for North and South America, covering an area of 19,000 square metres, has been built. At the Minneapolis site, the headquarters of Wagner Spray Tech Corp., modern office space and a new technology centre are being created in a newly constructed building. In Markdorf, Germany, there is investment in the technical equipment of the Powder Technical Centre, and a new building with an area of 1,200 square metres is being constructed.

Captions:

The members of the Wagner management team (from l. to r.): Guido Bergman, CEO Decorative Finishing; Dr. Bruno Niemeyer, CEO Wagner Group; Michael Müller, CEO Industrial Solutions.

Author(s): Ke

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