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On course for growth: POLYRACK expands capacities

Dec 13
28 Mar
2022
2025
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Polyrack Tech-Group

POLYRACK sets new milestones for dynamic growth: After the expansion of Plant 4 in Ettlingen to a production area of 35,000 m2 and the growth of the total number of employees to over 500, further measures with an investment amount of 15 million euros follow. The company is thus working towards a turnover target of 100 million euros in the next two to three years. POLYRACK is one of the international market leaders for electronic packaging and manufactures system solutions of various levels of sophistication in its plants in Germany, Belgium and the USA. Target markets for complete electronic systems and case solutions include the e-mobility, medical technology, sustainable energy generation and telecommunications market segments.

In order to achieve its sales target, POLYRACK is focusing on expanding its own infrastructure. This primarily includes the construction of a new logistics centre at the Straubenhardt site. By the end of 2023, a 2,000 m2 semi-automated high-bay warehouse for 2200 euro pallets will be built here. This centre will become the hub of finished goods for all production sites. "Significant leaps in growth are on the horizon for the coming years, which we can already see quite clearly due to our usual project runtimes and high order backlog," says Andreas Rapp, shareholder and managing director of POLYRACK TECH-GROUP in its second generation.

This also concerns the presence in the USA for the North American market - here the company continues its global expansion and invests in the plant at the Cumberland (Rhode Island) location: The existing company building is growing by 1,000 m2 and will then comprise 3,000 m2 for assembly, logistics and office space. "In the US market, we expect sales to increase by 300 % in the next two years. The investment of 1.5 million US dollars is crucial for growth in this future market."

Further increasing the location's attractiveness in the Enzkreis region
In addition, the POLYRACK TOWER, a project close to the heart of the entrepreneurial family, is being built in Straubenhardt, near Plant 2. In addition to the name giver himself, companies, service providers and doctors from the region are to settle in the energy-plus building from mid-2024. The building, which is planned as a timber hybrid construction, shows that the term "industrial enterprise" and the characteristics "ecologically sustainable" can complement each other in a meaningful way. The newly constructed buildings also make it possible to increase the company's own energy production: the integrated photovoltaic systems generate up to 400 Kwh of electricity for the production facilities.

You can read the complete press relase
You can read the complete press relase
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