EoW November 2009

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EuroWire – November 2009 10
corporate news
Landmark extruder
A 2.5”, 24:1 L/D corrosion resistant Ultra
machine represents the 1,000th extruder
sold by American Kuhne since the
company was founded in 1997. Bound
for the Nexans Electronics Cable facility
in Elm City, North Carolina, the handover
of the landmark extruder was the focus
of a ceremony for American Kuhne and
Nexans employees at AK’s new custom
designed manufacturing facility in
Ashaway, Rhode Island.
Nexans also purchased a 1.5" extruder in
the same contract. The high temperature,
corrosion resistant extruders will be used
in the processing of fluropolymers and
conventional resins.
Nexans Electronics Cables supplies
communications solutions and service to
the aerospace/shipboard commercial and
military markets.
American Kuhne Inc – USA
Fax: +1 401 326 6201
Website:
Extruder number 1,000, a 2.5”, 24:1 L/D corrosion resistant Ultra extruder for fluoropolymers, with Mr Art Deming (left) and Mr Doug Johnson (right), American Kuhne’s ▲ ▲
regional sales manager in the southeast
The global economic crisis again exerted an adverse effect on Leoni in the second
quarter of 2009, yet the company is reporting substantial progress compared with
the first quarter. Although the Q2/2009 consolidated sales were, at €530.3 million,
35.3% below the previous year’s like-for-like figure of €820 million, they were
around 8% above the first quarter’s figure.
After taxes, the result was a net loss of €88.2 million, compared to the previous
year’s net income of €45.9 million. As part of a capacity adjustment and to reduce
costs, the company shed a significant number of jobs. On 30 th June 2009, Leoni
employed 45,522 people group-wide, which was 7,762 fewer than on the same date
in 2008. Of this total, there were 41,555 employees outside Germany, compared
with 49,100 in 2008 and 3,967 in Germany, compared with 4,184 at the same date
last year.
Staff are currently working short-time at nearly all facilities in Germany and at
numerous facilities abroad.
Leoni AG – Germany
Fax: +49 911 2023 231
Email:
Website:
Mixed fortunes shown in figures