Presseinformation vom 16.04.2024

Tyrolit focuses on future technologies and invests at its main site

Ground-breaking ceremony for the expansion of Plant 5 © Tyrolit, Christian Vorhofer

Left to right: Tyrolit CFO Peter Dollinger, Tyrolit CEO Thomas Friess, President of the Tyrolean Chamber of Commerce Barbara Thaler, Plant Manager Mario Nairz, Tyrolit MD Metal Industries Matthias Kuprian, Robert Kelca (ATP architekten ingenieure), Franz Fröschl (Fröschl)

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Schwaz (Tyrol/Austria) 16 April, 2024The Tyrolit Group is expanding its production site in Stans and investing 15 million euros in a new, highly innovative production line. Tyrolit CEO Thomas Friess on the investment in the future: "The ground-breaking ceremony for the expansion of Plant 5 represents an important step for the site. We are investing in the technologies of tomorrow and are recognising our roots in the region by expanding our production capacities." The newly created area will provide space for new, highly innovative machines from autumn 2024. Furthermore, the plant expansion is just one of several initiatives within the EU - the sites in Germany, Italy and Belgium were recently modernised or expanded.

1,700 square metresexpansion for a highly innovative new production line
The world's leading manufacturer of grinding and dressing tools already supplies large parts of the automotive industry with its grinding tools. Due to a new EU regulation coming into force, hard-coated brake discs, such as those found in electric cars, will soon become the new standard. "The aim of the EU regulation is to reduce the fine dust pollution caused by brake abrasion. The hard-coated brake discs required for this will be ground using high-tech grinding tools specially developed by Tyrolit, which will be manufactured at Plant 5 in Stans in future. The expansion of Plant 5 will create space for a new, highly innovative, fully automated production line. This is our response to current developments and standards such as the Euro 7 standard, which makes new production technologies necessary and possible in order to safeguard our global competitiveness and our location in Tyrol", explains Matthias Kuprian, Tyrolit Board Member for Metal Industries. The high-tech, new production facility ensures less material wear and efficient processes when machining, pressing or loading and unloading the production units.

Boost for Tyrol as a technology centre
The additional production systems make a significant contribution to securing regional jobs. "Investments in Tyrol, such as those made by Tyrolit, make an important contribution to strengthening Tyrol as a centre of technology and promote the sustainable growth of our economy in the region", says Barbara Thaler, President of the Tyrolean Chamber of Commerce. The Tyrolit headquarters in Schwaz/Stans manages the group's global activities. Over 4,500 employees worldwide, including 100 in research and development, secure the family-run company's status as a technology leader.

The Tyrolit Group
Tyrolit is one of the world's leading manufacturers of grinding and dressing tools as well as a system provider for the construction industry. With roots in the heart of the Austrian Alps, Tyrolit combines the strengths of family values with a global vision and over a century of individual corporate and technological experience.
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Ground-breaking ceremony for the expansion of Plant 5
7 381 x 5 204 © Tyrolit, Christian Vorhofer


David Hawel

David Hawel
Corporate Communication
Tyrolit Group
+43 5242 606 2595