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Download Annual Report 2003 - Mühlbauer Group

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Preface<br />

The Share<br />

Management<br />

<strong>Report</strong><br />

Consolidated<br />

Financial<br />

Statements<br />

Independent<br />

Auditor’s<br />

<strong>Report</strong><br />

<strong>Report</strong> of the<br />

Supervisory Board<br />

Glossary<br />

Precision Parts<br />

Maximum precision in the handling of exotic, high<br />

tensile materials: Mühlbauer faces this challenge<br />

in the service of the aerospace industry. As a<br />

consequence assemblies are produced at the<br />

Stollberg and Roding locations for use in satellites<br />

or space transportation as well as parts for suspension<br />

devices on helicopters. Moreover, also systems<br />

to supply drinking water in large jet aircraft. This<br />

also includes components for space rockets or the<br />

space station ISS.<br />

Specially developed tools, diamond tipped millers<br />

and an investment in new technologies to the<br />

amount of 7 million EURO in the last 3 years have<br />

made Mühlbauer one of the most demanded partners<br />

for technical safety sensitive branches today.<br />

And includes such technologies for medical equipment,<br />

racing cars and the semiconductor industry<br />

as well as the aerospace industry.<br />

No untested part leaves the production centers.<br />

Even the slightest deviations from the desired<br />

parameters are not tolerated. Each and every<br />

employee ensures perfect quality with own signature.<br />

The permanent and further education of highly<br />

qualified skilled employees as well as an appointment<br />

faithfulness and efficient order handling has<br />

gained Europe-wide reputation for Mühlbauer.<br />

This limit is going to extend Precision Parts<br />

internationally. The highly qualified team of 472<br />

employees will be making the precision parts for<br />

all Mühlbauer products in the year 2004 to own<br />

works standards and to meet customer order<br />

specifications. This team is the dependable<br />

backbone of Mühlbauer on a world-wide market.<br />

13

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