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Comment Business & Economics

GEA invests in the future  

By Gerald Ondrey |

GEA Group AG (Bochum, Germany; www.geagroup.com) has decided to implement a multi-year investment program for its Mechanical Separation Division comprising a total volume of around 160-million euros. Besides being among the most cycle-resistant divisions within the GEA Group, the Mechanical Separation Division has also become one the Group’s fastest growing divisions after its management structures were reorganized in early 2008. The division offers significantly greater potential, though, as a result of new applications in the areas of the food and beverage industry, the environment, waste water treatment, as well as applications for oil production and crude oil processing that entail the highest degree of environmental protection. This has prompted GEA Group to initiate a major investment program involving around 160-million euros that will be committed to activities in Europe and Asia over a period of around three years. The key aspects of the program in Europe are to raise efficiency of the German locations in Oelde and Niederahr through modernizing and focusing production and to reorganize the French location in Château-Thierry into a global service and maintenance centre with spare parts production. In Asia, GEA Group…
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