23.03.2011|GILDEMEISTER strengthens expertise at crucial site

New "HSC Center" in Geretsried opens

Bielefeld. With a grand opening of the new HSC Center on 22 March 2011, the new service center in Geretsried with its attractive, future-proof jobs will be presented.

In the new GILDEMEISTER group technology center, sales and service activities will be further boosted. The highlight is the presentation of high-speed machining with high-precision, high-speed cutting machines (HSC). Customers can experience the entire high-speed machining process chain live. For example, the manufacture of impellers and wheel rims in the automotive sector, artificial knee joints for medical technology or cast iron moulds for the Bobby Car will be demonstrated. “Just the possibility of complete machining on one machine is the key to the economic success of high-speed cutting technology – HSC,“ says Andreas Rossberg, head of the HSC Center.

With an investment volume of about € 2 million, GILDEMEISTER is once again underscoring the importance of the Geretsried site. At the moment, a total of 313 employees are working for five companies in Geretsried. All the business divisions were profitable in financial year 2010.

With its “Center of Excellence“ concept, GILDEMEISTER is offering its customers from the aerospace, medical technology, automotive and renewable energy industries complete production solutions for the manufacture of very specific products. Further centers of excellence can be found in Pfronten (“Center of Excellence – Aerospace, Energy and Medical“), in Stipshausen (“Center of Excellence – Dental“) and in each of Bielefeld, Tortona and Shanghai (“DMG Experience Center Turn & Mill“).

GILDEMEISTER Aktiengesellschaft
The Executive Board

Disclaimer, Forward-looking statement

Statements relating to the future:

This press release contains forward-looking statements, which are based on current estimates of the management of future developments. Such statements are based on the management's current expectations and specific assumptions. They are subject to risks, uncertainties and other factors, which could lead to the actual future circumstances, including the assets, liabilities, financial position and profit or loss of GILDEMEISTER, differing materially from or being more negative than those expressly or implicitly assumed or described in these statements. The business activities of GILDEMEISTER are subject to a series of risks and uncertainties, which may result in forward-looking statements, estimates or forecasts becoming inaccurate. Should one of these factors of uncertainty or other unforeseeable event occur, or should the assumptions on which these statements are based prove incorrect, the actual results may differ materially from the results stated, expected, anticipated, intended, planned, aimed at, estimated or projected in these statements. Forward-looking statements must not be understood as a guarantee or assurance of the future developments or events contained therein.