Merger of Foundry Machinery, Metallurgical Plants and Rolling Mills, and Thermo Process Technology Specialist Associations of VDMA
At their joint general meeting held on Thursday in Frankfurt am Main, the VDMA Specialist Associations Foundry Machinery, Metallurgical Plants and Rolling Mills, and Thermo Process Technology announced the formation of a new joint association, the VDMA Metallurgy Specialist Association. The previous specialist associations are to be specialist sections of the new body. The overall Board of VDMA Metallurgy* will comprise the Chairmen and Deputy Chairmen of the previous specialist associations. The designated Chairman of the Board is Dr. Ioannis Ioannidis, President & CEO Oskar Frech GmbH + Co. KG. Designated Deputy Chairmen are Dr. Christian Bartels-von Varnbüler, President Küttner Group, and Dr. Joachim G. Wünning, Managing Director WS Wärmeprozesstechnik GmbH.
VDMA Metallurgy represents 180 member companies. The total sales of the metallurgical plant and equipment sectors amount to more than €4.6 billion (2016), with a total workforce of about 24,000 (2016). The sectors represented by the Specialist Association sold equipment with a total value of €2.3 billion** throughout the world, also in 2016. The share of exports is more than 70 percent on average.
“The newly created platform expresses the joint commitment of companies in the metallurgical plant and equipment sectors to the further development of technologies for the metal production and processing value streams,” said Dr. Timo Würz, Managing Director of VDMA Metallurgy, at the inaugural meeting.