Correa English Revista 75

900
machines sold all over
the world, demonstrate
its dedication to gain
international reach
20
thousand square meters
of industrial land already
acquired to consolidate the
future of Hypatia
> Assembly of an automatic tool loader. Photo: valdivielso/db
> Currently, almost fifty people make up the Hypatia staff.
Photo: patricia/db
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professionals between
engineers, commercial
reps, central services and
production staff
with a turnover of 18.3 million
euros, which today directly
markets several Correa brand
milling machines and supplies
various accessories to the
parent company and to third
parties.
Renamed Hypatia, in
2009 another process of
transformation and greater
independence began within
the Group, which, in addition
to launching new models of
milling machines, designs and
accessories: various models
of second-generation heads
and, above all, automatic tool
loaders (ATC’s). In this vertical
integration practiced by the
Group, around 70 percent
of the milling machines that
leave the matrix have an
automatic exchanger built to
measure in Hypatia.
They share the philosophy
of the Group, which limits
its market to the world,
and they sell practically all
2009 was
a key year
for Hypatia:
it gained
space and
began to
market its
products
20,000
square
meters of
future in
sight
The Group’s
strategy includes
the expansion of
Hypatia, which has
acquired a plot of
land in the same
industrial estate.
Space to design more
ambitious models
of machines and
increase the current
production capacity.
The pandemic has
paralysed, for the
moment, this project
that will also seek an
increase in staff.
over the planet. 80 percent
of its market are European
companies and the remaining
20 percent of its machines
– there are 900 around the
world – travel to Canada, the
United States, several Arab
countries, India, China (also
to the GNC Kunming joint
venture), fundamentally in
workshops of various sectors
of activity.
After the 2009 crisis
and the rest of the ups
and downs suffered by the
machine tool sector, the year
2016 was another turning
point for Hypatia due to
organisational changes and
business management. From
there, their main business
magnitudes begin to grow
almost as much as the milling
machines they design. In 2021,
they sold 50 machines and
managed to capture orders
worth 33 million euros,
doubling their market share.
#27