2020

16.03.2020 – Interroll Holding AG

Ad-hoc release: New factory for Interroll in Suzhou

Ad-hoc release: New factory for Interroll in Suzhou

Sant'Antonino, Switzerland/Suzhou, China, March 16, 2020. Interroll (Suzhou) Co. Ltd. will close its existing Suzhou factory in 2022 and open a new manufacturing location within the Suzhou area. A total of CNY 181 million (CHF 25 million) will be invested in the new and fully owned facilities. The new setup will extend Interroll’s production capacity and strengthen its readiness for future growth in the Asia Pacific region.

Interroll is taking the next step steps in the Asia Pacific region: Growth markets there—especially in China, the Association of Southeast Asian Nations (ASEAN) region, Korea, and Australia—show a good demand for Interroll products and provide significant potential for growth in the long term. Moreover, an increase in the base of installed material handling systems at customers is expected to provide additional service opportunities within the region. In 2019, about half of the output of Interroll Suzhou was delivered to destinations outside of the People’s Republic of China, with large-scale projects for the Korean e-commerce sector, as an example. Production at the new factory is scheduled to start in early 2022.

The new location will be fully owned by Interroll and is located in the Suzhou Industrial Park (SIP) development zone, around 12 km southwest of the existing location. With about 22,000 square meters of floor space, the available capacity will be doubled.

“We are preparing for running a state-of-the-art location with improved capacities and new production processes here, which also puts emphasis on the needs of customers and employees,” says Ben Xia, Vice President Asia Pacific of the Interroll Group. “The concept for our new factory includes a training center as well as showrooms and testing facilities.”

Automation and digitalization

Production processes will cover the full range of the product portfolio. On top of that, the Suzhou facility will also become a Regional Center of Excellence for Technopolymers and Subsystems.

“We will seize a number of opportunities for increased productivity by implementing more automated and semi-automated processes when we start the new production,” says Xia. “The new plant will also enable us to shorten delivery times for our customers in the region.”

Contact

Martin Regnet

Global PR Manager

Via Gorelle 3 │ 6592 Sant'Antonino │ Switzerland

+41 91 850 25 21

media@interroll.com

www.interroll.com

Financial Calendar

March 20, 2020: Annual Press Conference and Annual Report 2019

May 08, 2020: General Assembly

August 03, 2020: Half-Year Report 2020

August 03, 2020, 9:00 CET: Webcast on Half-Year Figures 2020 (in English)

Interroll shares

Registered shares of Interroll Holding AG are traded in the Main Standard of the SIX Swiss Exchange under the securities number 637289.

Interroll profile

The Interroll Group is the leading global provider of material handling solutions. The company was founded in 1959 and has been listed on the SIX Swiss Exchange since 1997. Interroll provides system integrators and OEMs with a wide range of platform-based products and services in these categories: Rollers (conveyor rollers), Drives (motors and drives for conveyor systems), Conveyors & Sorters as well as Pallet & Carton Flow (flow storage systems). Interroll solutions are in operation in express and postal services, e-commerce, airports, the food and beverage industry, fashion, automotive sectors, and many other manufacturing industries. Among the company’s end users are leading brands such as Amazon, Bosch, Coca-Cola, DHL, Nestlé, Procter & Gamble, Siemens, Walmart and Zalando. Headquartered in Switzerland, Interroll has a global network of 32 companies with turnover of around CHF 559.9 million and 2,300 employees (2018).


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