Manufacturing Today Issue - 223 April 2024 | Page 166

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suit local needs . We offer flexibility , which is positively received by our workforce . Equally , in terms of social , environmental , and financial sustainability , we have a strong team working on our strategy for continued stability and success for our people , products , and planet . We review our progress on an ongoing basis .”
Konrad adds : “ If we look at environmental sustainability , we review and audit how our investments in photovoltaic energy , for example , are progressing . We made significant investments across our European sites and strive to navigate the complexities of our sustainability activities .”
“ It ’ s a challenging time , worldwide ,” Karl continues . “ Coming out of the pandemic , consumer patterns changed . So , for instance , people had more money available and initially , would buy items , such as a new lawnmower . That desire then changed in line with the easing of restrictions and more people then spent their disposable income on going on vacation . Changing consumer habits have affected some market segments , but in the Americas , I would say we ’ re continuing to experience growth . We ’ re rolling on month-by-month and I ’ m very optimistic about the year ahead . Supported by our new facility in Mexico , we ’ ll be better positioned to react to the needs of our customers .”
“ As we ’ re specialized , we ’ re still seeing several really good opportunities to grow our position in different markets ,” Konrad elaborates . “ From e-bikes to HVAC drives in data centers , these kinds of interesting and niche segments all require several transmission parts , and we want to be here to meet those needs . While there are numerous new technologies being introduced , good traditional technologies still exist too , and people still need our products , so that ’ s promising in itself ,” he concludes . ■
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