Kahl am Main, January 16, 2008 - The SINGULUS TECHNOLOGIES AG (SINGULUS) decided to double its production capacity for solar equipment at the subsidiary STANGL Semiconductor Equipment AG (STANGL) by the spring of 2009. In addition, the expansion of the location offers the opportunity to combine the production of STANGL in Eichenau and surroundings at 4 assembly sites to one complex of buildings. STANGL intends to use the enlarged production capacity for the processing of the continuing order boom in the solar industry within the coming 18 months.
In the first stage of the expansion the production capacity will be doubled on an area of more than 6,400 sqm. At the final stage the production site will be enlarged to an area of 15,000 sqm, of which 2,500 sqm of office space is projected for sales, marketing and administration.
STANGL expects an approx. 50 % growth rate in 2007 compared to 2006. The company also projects double-digit growth rates in the next couple of years. With STANGL SINGULUS succeeded in gaining instant market access to a market which promises a long-term positive trend with double-digit growth rates.
Together with STANGL SINGULUS is a strong player in solar technology
STANGL and SINGULUS will consistently expand the solar activities. Both companies perfectly complement each other in order to be able to offer a broad product range of machines and equipment for the photovoltaics industry in the next couple of years. While STANGL focuses on wet-chemical processes, SINGULUS’ core competence is physical coating technology and the integration of different processing steps in complete, predominantly automated, production lines. In particular the machine integration know-how, which SINGULUS has proven to possess in the automation of CD and DVD production lines, is an optimum starting point for the development of highly-profitable, fully-automated production lines.
We expect the work area Solar to become the most important driver of growth in the SINGULUS Group.
Short profile SINGULUS TECHNOLOGIES
SINGULUS TECHNOLOGIES is market leader for optical disc production lines and is the only manufacturer globally to offer the complete range of products: mastering, molding and replication lines.
In addition to the further development of the core activities of Optical Disc, the diversification into new work areas is the most important strategic target.
With the acquisition of the STANGL AG SINGULUS successfully entered the solar equipment market. The new business area Solar will be strongly expanded in the next couple of years.
Press Release
Contact:
| Bernhard Krause MetaCom Corporate Communications GmbH Bruchköbeler Landstrasse 37, D - 63452 Hanau | Tel.: +49 [0]6181-98280-20 Fax: +49 [0]6181-98280-10 E-mail: prkontakt@go-metacom.de |
SINGULUS Expands Solar Production at STANGL
January 16, 2008

