trumpf
{{short description|German machine tools and laser manufacturer}}
{{about|the German company|the 1930s car|Adler Trumpf |the former Secretary-General for the Council of the European Union|Jürgen Trumpf|the surname|Drumpf}}
{{use American English|date=July 2024}}
{{use dmy dates|date=July 2024}}
{{Infobox company
| name = Trumpf SE + Co. KG
| logo = Logo Trumpf.svg
| industry = Machine industry
| predecessor = Mechanische Werkstätte Julius Geiger
| founded = {{start date and age|1923}}
| founder = Christian Trumpf
| hq_location_city = Ditzingen
| hq_location_country = Germany
| num_locations = 80
| num_locations_year = 2022/23
| area_served = Worldwide
| key_people = {{ublist|Nicola Leibinger-Kammüller, President and Chairwoman of the Managing Board|Peter Leibinger, Chairman of the Supervisory Board}}
| revenue = €5,364.5 million
| revenue_year = 2022/23
| net_income = €461,8 million
| net_income_year = 2022/23
| assets = €5,019 million
| assets_year = 2022/23
| equity = €2,700.4 million
| equity_year = 2022/23
| owners = {{ublist|Leibinger family (90%)|Berthold Leibinger Stiftung (10%)}}
| num_employees = 18,352
| num_employees_year = 2022/23
| divisions = {{ublist|Maschine tools|Laser technology}}
| website = {{URL|trumpf.com}}
}}
Trumpf SE + Co. KG is a German family-owned{{cite web |last1=Hirn |first1=Wolfgang |date=2020-06-05 |title=Die Firma als Heimat |trans-title=The company as home |url=https://www.manager-magazin.de/unternehmen/artikel/a-1304284.html |access-date=2023-05-30 |website=Manager Magazin |language=de}} company based in Ditzingen near Stuttgart, Baden-Württemberg.{{citation|date=2015-04-23 |pages=10 |periodical=Südwest Presse |title=Vom Kühlergrill bis zum Herzschrittmacher.}} It originates from Julius Geiger's mechanical workshop. The Trumpf and Leibinger families transformed the medium-sized company into a globally recognized industrial group.{{cite news |last1=Buchenau |first1=Martin-Werner |date=2010-10-22 |title=Comeback: Chinageschäft beflügelt Trumpf |trans-title=Comeback: China business boosts Trumpf |url=https://www.handelsblatt.com/unternehmen/mittelstand/comeback-chinageschaeft-befluegelt-trumpf/3571066.html |access-date=2023-05-30 |newspaper=Handelsblatt |language=de}} Today, the company is one of the world’s largest suppliers of machine tools and a leader in laser technology. Trumpf is one of the most well-known representatives of the German 'Mittelstand.'{{cite news |last1=Kramer |first1=Bernd |date=2022-05-23 |title=Die Lust, Grenzen zu verschieben: Der baden-württembergische Maschinenbauer Trumpf vereint Pioniergeist und Bodenständigkeit. |trans-title=The desire to push boundaries: Trumpf, the mechanical engineering company from Baden-Württemberg, combines a pioneering spirit with a down-to-earth attitude. |newspaper=Badische Zeitung |page=6 |language=de}}{{cite news |date=2009-07-23 |title=Unsere Marktführer – Nichts, was es schon gibt. |trans-title=Our market leaders - nothing that already exists. |newspaper=Süddeutsche Zeitung |page=24 |language=de}}
History
= Growth in early years =
Christian Trumpf bought Julius Geiger's mechanical workshop in Stuttgart, Germany in 1923. The company initially produced flexible shafts. These were used to drive drills and other tools. Following the development of a motorized drive, the shafts were increasingly used in industry, for example in metal and woodworking. The first motorized hand shears for cutting sheet metal were introduced by Trumpf in 1934.{{cite magazine |date=2020 |title=Die Trumpfs und die Leibingers |trans-title=Trump and the Leibingers |url=https://www.spiegel.de/geschichte/die-trumpfs-und-leibingers-a-18d352d1-0002-0001-0000-000172131955 |access-date=2023-05-30 |magazine=Spiegel |language=de}}
In the 1920s, the company grew to more than 70 employees. In 1933, the administrative and production headquarters were moved to Weilimdorf, a suburb of Stuttgart.{{cite news |last1=Schreyer |first1=Ulrich |date=2023-05-12 |title=Trumpf strahlt im Licht des Lasers |trans-title=Trumpf shines in the light of the laser |newspaper=Schwarzwälder Bote |page=8 |language=de}} To reflect the change in ownership, the company name was changed to Trumpf & Co. in 1937. The new name was used with the additional text "formerly Julius Geiger" for a few years after the change.{{cite news |last1=Lutz |first1=Sigrun |date=2024-09-09 |title=Von der Mechanik zur Hochtechnologie |trans-title=From mechanics to high technology |newspaper=Stuttgarter Nachrichten |page=43 |language=de}}
During the 1930s and 1940s, Trumpf manufactured mainly flexible shafts and electric hand shears. The company was a supplier to Elektron Co. of Bad Cannstatt, a manufacturer of compressed air systems. This company produced foot pumps that were also used in military aircraft.{{cite web |date=6 November 2023 |title=Vom Nibbelkönig zum Smart-Factory-Anbieter: 100 Jahre Trumpf und 60 Jahre Trumpf Schweiz – ein Rückblick mit einer interaktiven Timeline |trans-title=From nibbling king to smart factory provider: 100 years of Trumpf and 60 years of Trumpf Switzerland - a look back with an interactive timeline |url=https://www.technik-und-wissen.ch/trumpf-hundert-jahre-eine-chronologie.html |access-date=2024-07-22 |website=Technik und Wissen |language=de}} Trumpf employed around 100 people during the Second World War. A third of them were French forced laborers. Most of them came from Vierzon, south of Paris, France.
= Post-war reconstruction =
The company's factories remained largely undamaged during the war. As a result, production quickly resumed after the end of the war. By 1950, Trumpf was generating more than one million DM in sales revene. The rapid growth of German economics across all industries boosted demand. During the 60s and 70s, the company was no longer focused mainly on flexible shafts and electric hand shears.
The foreign customer base that Trumpf built up through its presence at international trade fairs also contributed to growth. The first foreign subsidiary was established in Switzerland in 1963.{{cite news |date=2023-11-22 |title=60 Jahre TRUMPF Schweiz – von einer Autogarage zum Produktionsstandort |trans-title=60 years of TRUMPF Switzerland - from a car garage to a production site |url=https://www.maschinenmarkt.ch/60-jahre-trumpf-schweiz-von-einer-autogarage-zum-produktionsstandort-a-3377301a95ab285ca28c20b386b0f2c0/ |access-date=2024-07-22 |website=Schweizer Maschinenmarkt (SMM) |language=de}} In 1969, the company entered the US market.{{cite web |title=Trumpf USA celebrates 50 years |language=en |url=https://www.laserfocusworld.com/industrial-laser-solutions/article/14221564/trumpf-usa-celebrates-50-years |website=Laser Focus World |date=2019-11-05 |access-date=2024-07-16 |first1=David |last1=Belforte}} In 1977, Trumpf entered the Japanese market.{{citation |last1=Raupach |first1=Jörg |title=Erfahrungen eines mittelständischen Unternehmens in Japan: Trumpf |date=1998 |work=Japan ist offen |pages=159–165 |editor-last=Riesenhuber |editor-first=Heinz |trans-title=Experiences of a medium-sized company in Japan: Trumpf |url=http://link.springer.com/10.1007/978-3-642-58866-2_10 |access-date=2024-07-23 |place=Berlin, Heidelberg |publisher=Springer |language=de |doi=10.1007/978-3-642-58866-2_10 |isbn=978-3-642-63766-7 |editor2-last=Kreiner |editor2-first=Josef}} Trumpf products were sold in more than 100 countries.
Trumpf continued to expand its production capacity to meet growing demand. In 1972, the company moved its headquarters to Ditzingen near Stuttgart, where new administration and production buildings were built. The company's head office is still located there today.{{cite news |last1=Jaeger |first1=Falk |date=2008-10-30 |title=Der Trumpf-Triumpf |trans-title=The Trumpf Triumph |newspaper=Süddeutsche Zeitung |page=17 |language=de}}
= Ownership transition =
As Christian Trumpf had no children, he appointed Hugo Schwarz as commercial director in 1953. Berthold Leibinger was appointed technical director in 1966. Leibinger gradually bought out the Trumpf’s shares, so that by 1972, Leibinger and Schwarz were the sole shareholders.{{cite news |last1=Höltschi |first1=René |date=2023-10-10 |title=Von Trumpf zu Leibinger: Der Chip-Pionier aus Baden-Württemberg |trans-title=From Trumpf to Leibinger: The chip pioneer from Baden-Württemberg |newspaper=Neue Zürcher Zeitung |page=23 |language=de}}
When Trumpf died in 1977, Leibinger succeeded him, becoming CEO in 1978. Under Leibinger's leadership, many innovations were developed.{{cite news |last1=Lutz |first1=Sigrun |date=2014-09-09 |title=Ditzingen: Blauer Horizont als prägendes Element |trans-title=Ditzingen: Blue horizon as a defining element |url=https://www.stuttgarter-zeitung.de/inhalt.ditzingen-von-der-mechanik-zur-hochtechnologie-page1.b4fe6c18-c360-4d85-9057-4f94b8a162a3.html |access-date=2024-07-23 |newspaper=Stuttgarter Zeitung |page=46 |language=de}} The first sheet-metal working machine with numerical path control attracted worldwide attention. This machine was based on a patent for coordinate guidance that Trumpf had registered in 1957 as the result of Leibinger's diploma thesis. In 1985, Trumpf also introduced its first carbon-dioxide laser, which formed the basis for a further business division.{{Cite web |last=Nachrichten |first=Stuttgarter |title=Berthold Leibinger prägt Trumpf: Das Licht des Lasers wies den Weg in die Zukunft |trans-title=Berthold Leibinger shapes Trumpf: The light of the laser pointed the way to the future |url=https://www.stuttgarter-nachrichten.de/inhalt.unternehmensportraet-trumpf-das-licht-des-lasers-wies-den-weg-in-die-zukunft.617a6dbc-3e00-43d1-8ecd-592927cd5303.html |access-date=2024-09-20 |website=stuttgarter-nachrichten.de |language=de}}
= Global expansion =
In the 1980s and 1990s, Trumpf developed from a medium-sized, southwestern German, or Swabian, company into a global corporation.{{cite magazine |date=1985-09-13 |title=Trumpf: Blick über den Zaun |trans-title=Trump: Looking over the fence |magazine=Wirtschaftswoche |page=185 |language=de}} The company's strategy became an exceptional example of success for the German mechanical engineering industry.{{cite journal |last1=Hartmann |first1=Max |date=2013 |title=Die Wettbewerbsstärke deutscher Unternehmen in der Maschinenbaubranche: Eine theoretisch konzeptionelle Erklärung anhand der Diamant- und Clustertheorie |trans-title=The competitive strength of German companies in the mechanical engineering sector: A theoretical conceptual explanation based on the diamond and cluster theory |url=http://hdl.handle.net/10419/83889 |journal=Research Papers on Marketing Strategy |language=de |isbn=978-3-00-043758-8 |access-date=2023-05-30 |hdl=10419/83889}}
Leibinger played a key role in the company's rise to market leadership. In 2005, he moved from the managing board to the supervisory board, where he remained as chairman until 2012.{{cite news |last1=Heller |first1=Michael |date=2015-11-21 |title=Berthold Leibinger wird 85: Von Trumpf beinahe besessen |trans-title=Berthold Leibinger turns 85: Almost obsessed with Trump |url=https://www.stuttgarter-zeitung.de/inhalt.berthold-leibinger-wird-85-von-trumpf-beinahe-besessen.412163df-0c1f-4702-984c-5884aeb60187.html |access-date=2023-05-30 |newspaper=Stuttgarter Zeitung |page=12 |language=de}} His daughter, Nicola Leibinger-Kammüller, took over the management of Trumpf.{{cite news |last1=Labode |first1=Andrea |date=2011-09-30 |title=Wenn Töchter den Vater ablösen |trans-title=When daughters take over from their father |url=https://www.welt.de/print/die_welt/vermischtes/article13634421/Wenn-Toechter-den-Vater-abloesen.html |access-date=2024-07-23 |newspaper=Welt |page=4 |language=de}} Following Leibinger-Kammüller's installation, turnover has risen from around €1.5 billion in the 2005/06 financial year to €5.4 billion (2022/23).{{cite news |last1=Schmale |first1=Oliver |date=2023-07-20 |title=Maschinenbauer Trumpf blickt vorsichtig in die Zukunft |trans-title=Machine manufacturer Trumpf takes a cautious view of the future |url=https://www.faz.net/aktuell/wirtschaft/unternehmen/der-maschinenbauer-trumpf-blickt-mit-vorsicht-in-die-zukunft-19046395.html |access-date=2023-07-20 |website=Frankfurter Allgemeine Zeitung |language=de}} Leibinger-Kammüller broadened the group's base by setting up a bank and expanding software development capabilities.{{cite news |date=2014-03-26 |title=Not macht erfinderisch: Maschinenbauer gründet eine Bank |trans-title=Necessity is the mother of invention: mechanical engineer founds a bank |url=https://www.handelsblatt.com/unternehmen/mittelstand/not-macht-erfinderisch-maschinenbauer-gruendet-bank/9670978.html |access-date=2023-05-30 |newspaper=Handelsblatt |language=de}} More recently the company has further developed into Industry 4.0 positioning itself in the areas of smart factories,{{Cite web |last=Juschkat |first=Katharina |date=2020-10-27 |title=Trumpf eröffnet dritte Smart Factory |trans-title=Trumpf opens third smart factory |url=https://www.elektrotechnik.vogel.de/trumpf-eroeffnet-dritte-smart-factory-a-974155/ |access-date=2024-09-20 |website=elektrotechnik |language=de}} quantum technology and 3D printing.{{Cite web |last=Gleichauf |first=Christian |date=2023-01-20 |title=100 Jahre Trumpf: Laserspezialist will mit Quantentechnik und 3D-Druck nach ganz weit oben - STIMME.de |trans-title=100 years of Trumpf: Laser specialist aims for the top with quantum technology and 3D printing - STIMME.de |url=https://www.stimme.de/wirtschaft/baden-wuerttemberg/wirtschaft/100-jahre-trumpf-laserspezialist-will-mit-quantentechnik-und-3d-druck-nach-ganz-weit-oben-art-4724628 |access-date=2024-09-20 |website=www.stimme.de |language=de}}
Criticism
Trumpf, a German manufacturer of machine tools, faced criticism for maintaining operations in Russia despite international calls for companies to exit the market following the 2022 Russian invasion of Ukraine. The company reported revenues in Russia during 2021-2022 but did not issue any official statements regarding its activities in the country.{{Cite web |title=Trumpf |url=https://leave-russia.org/trumpf |access-date=2025-01-13 |website=leave-russia.org |language=en}} In 2023, Trumpf's revenue in Russia significantly decreased compared to 2022, suggesting a reduction in business operations. However, customs data from 2023 revealed that components from Trumpf were supplied to Russia via intermediaries, raising concerns about the company's commitment to scaling back its presence in the region.{{Cite web |last=Jankowicz |first=Mia |title=Russia confirms it's going to make it more painful for companies to quit the country |url=https://www.businessinsider.com/russia-raising-exit-tax-companies-ukraine-war-2024-10?utm_source=chatgpt.com |access-date=2025-01-13 |website=Business Insider |language=en-US}}
Operations
= Ownership =
The holding company Trumpf SE + Co. KG is the organizational umbrella under which the Trumpf group operates. All investments are consolidated at the group level. Trumpf has more than 80 operating subsidiaries.{{cite web |url=https://www.unternehmensregister.de/ |title=Trumpf SE + Co. KG |website=Unternehmensregister |publisher=Bundesanzeiger Verlag |access-date=2023-03-01}}
Trumpf is wholly owned by the Leibinger family (90%) and the Berthold Leibinger Stiftung,{{cite news |last1=Schreyer |first1=Ulrich |date=2020-11-27 |title=Der Laser leuchtet auch über der Old Economy |trans-title=The laser also shines above the old economy |newspaper=Stuttgarter Zeitung |page=9 |language=de}} foundation (10%). There have been no non-family shareholders since 2003.{{cite news |last1=Schreyer |first1=Ulrich |date=2003-09-30 |title=Trumpf komplett in Familienbesitz |trans-title=Trumpf completely family-owned |newspaper=Stuttgarter Zeitung |page=11 |language=de}}{{cite news |date=2005-03-22 |title=Eine schwäbische Familienangelegenheit |trans-title=A Swabian family affair |newspaper=Stuttgarter Zeitung |page=28 |language=de}} The Berthold Leibinger Stiftung is a key element of Trumpf's social responsibility efforts. The foundation supports non-profit, charitable, and church organizations, and also undertakes its own sponsorship projects in areas such as culture, science, church, and social welfare. It collaborates with the Doris Leibinger Stiftung, another foundation established by the Leibinger family, to further expand its philanthropic activities.{{Cite news |date=2022-12-08 |title=Wo Haben und Geben zusammengehören: Die Berthold Leibinger Stiftung (30 Jahre) und die Doris Leibinger Stiftung (15 Jahre) feiern Geburtstag. Bei der Jubiläumsveranstaltung im Alten Schloss treten das Profil der beiden Stiftungen und das der Stifter deutlich hervor |trans-title=Where having and giving go together: The Berthold Leibinger Foundation (30 years) and the Doris Leibinger Foundation (15 years) are celebrating their birthdays. At the anniversary event in the Old Castle, the profile of the two foundations and that of the donors are clearly highlighted |work=Stuttgarter Zeitung |pages=20 |language=De}}
= Management =
The managing board of Trumpf consists of seven persons (as of July 2023); the chairwoman is Nicola Leibinger-Kammüller.{{cite news |last1=Buchenau |first1=Martin-Werner |date=2016-01-14 |title=Die Lichtgestalt |trans-title=The shining light |newspaper=Handelsblatt |page=20 |language=de}} The other members are Mathias Kammüller (Chief Digital Officer), Lars Grünert (Chief Financial Officer), Berthold Schmidt (Chief Technology Officer) and Oliver Maassen (Chief Humar Resources officer) as well as Stephan Mayer (machine tool division) and Hagen Zimer (laser technology division).{{cite news |last1=Buchenau |first1=Martin |date=2023-03-22 |title=Großes Stühlerücken bei Trumpf |trans-title=Big shake-up at Trumpf |newspaper=Handelsblatt |page=31 |language=de}}
The supervisory board of Trumpf consists of an equal number of shareholder and employee representatives. It consists of twelve members (as of July 2023); four of which are women. The chairman is Peter Leibinger. Other known members are Regine Leibinger and Rainer Neske.{{cite news |date=2023-03-22 |title=Leibinger folgt auf Hambrecht |trans-title=Leibinger succeeds Hambrecht |newspaper=Reutlinger General-Anzeiger |language=de}}
Business activities and divisions
File:Trumpf TruLaser Center 5030 2021-07-07.jpg
The operational business of the Trumpf group is organized into two divisions for machine tools and laser technology. In addition, there are four operating divisions for high-power lasers, additive manufacturing, laser diodes, and financial services.{{cite web |language=en |title=2022/23 Annual Report |publisher=Trumpf |url=https://www.trumpf.com/filestorage/TRUMPF_Master/Corporate/Annual_report/Current/TRUMPF-Annual-Report-2022-2023.pdf |access-date=2024-06-25}}
= Machine tools =
Trumpf has traditionally focused on the flexible processing of sheet metal and tubes. Its portfolio includes machines and systems for cutting, punching, bending and welding.{{cite magazine |date=2022-11-14 |title=Trumpf-Multigreifer punktet auch beim Biegen kleiner Stückzahlen |trans-title=Trumpf multi-gripper also scores points when bending small quantities |url=https://www.maschinenmarkt.vogel.de/trumpf-multigreifer-punktet-auch-beim-biegen-kleiner-stueckzahlen-a-754270805793bab7e570b2cbabbcc369/ |access-date=2023-05-30 |magazine=Maschinenmarkt |publisher=Vogel Business Media |language=de}} These machines are used in the production of simple sheet metal parts, such as brackets, enclosures or housings, or for components of larger products manufactured, for example in machine and plant construction, commercial vehicles, air-conditioning technology and furniture construction.
= Laser technology =
Laser technology is an alternative to sawing and milling.{{cite news |last1=Schreyer |first1=Ulrich |date=2018-10-18 |title=Das Licht des Lasers wies den Weg in die Zukunft |trans-title=The light of the laser pointed the way to the future |url=https://www.stuttgarter-nachrichten.de/inhalt.unternehmensportraet-trumpf-das-licht-des-lasers-wies-den-weg-in-die-zukunft.617a6dbc-3e00-43d1-8ecd-592927cd5303.html |access-date=2023-05-30 |newspaper=Stuttgarter Zeitung |page=11 |language=de}} Trumpf manufactures carbon dioxide and solid-state lasers (disc and fiber lasers). These can be used to cut and weld metal and to mark and process surfaces with lasers.{{cite magazine |last1=Kuhn |first1=Dietmar |date=2008-03-26 |title=Laser als Alternative zum Sägen und Fräsen |trans-title=Laser as an alternative to sawing and milling |url=https://www.maschinenmarkt.vogel.de/laser-als-alternative-zum-saegen-und-fraesen-a-115236/ |access-date=2023-05-30 |magazine=Maschinenmarkt |publisher=Vogel Business Media |language=de}} The company's continuous wave, short and ultrashort pulse lasers are used, for example, in the automotive, energy, aerospace and medical technology industries.
High-power laser amplifiers also play a central role in the manufacture of microchips. They are used to generate a plasma that provides the extreme ultraviolet (EUV) radiation for exposing wafers.{{cite news |last1=Veitinger |first1=Thomas |date=2022-12-02 |title=Chip-Produktion: Komplizierteste Maschine der Welt kommt von Zeiss und Trumpf |trans-title=Chip production: most complicated machine in the world comes from Zeiss and Trumpf |url=https://www.swp.de/wirtschaft/chip-produktion-komplizierteste-maschine-der-welt-kommt-von-zeiss-und-trumpf-67919085.html |access-date=2023-05-30 |newspaper=Südwest Presse |language=de}}{{cite news |last1=Dierig |first1=Carsten |date=2019-05-21 |title=Diese Maschine sichert unseren Wohlstand |trans-title=This machine secures our prosperity |url=https://www.welt.de/wirtschaft/article193823903/Maschinenbau-Der-groesste-Technologiesprung-in-der-Chipindustrie.html |access-date=2023-05-30 |newspaper=Welt |language=de}} The portfolio also includes laser diodes, which are used in smartphones or battery components of electrified cars, for example. Employees knowledgeable about Trumpf's laser amplifier technology have been a recruitment target of Huawei.{{Cite news |last=Benoit |first=Bertrand |last2=Lin |first2=Liza |last3=Somerville |first3=Heather |last4=Mackrael |first4=Kim |date=November 27, 2024 |title=China Is Bombarding Tech Talent With Job Offers. The West Is Freaking Out. |url=https://www.wsj.com/world/china-tech-poaching-job-offer-pay-raise-f8ceac5b |url-access=subscription |url-status=live |archive-url=https://archive.today/20241127093611/https://www.wsj.com/world/china-tech-poaching-job-offer-pay-raise-f8ceac5b |archive-date=November 27, 2024 |access-date=November 27, 2024 |work=The Wall Street Journal}}
= Locations =
Trumpf operates internationally, with a strong presence in major markets across Europe, America, and the Asia-Pacific region. As of the 2021/22 fiscal year, the company has 86 subsidiaries worldwide. Its production facilities are located in several countries, including Germany, China, France, the UK, Mexico, and Switzerland.{{Cite web |date=2024-01-08 |title=Arnim Brüchle ist neuer Geschäftsführer von Trumpf Schweiz |trans-title=Arnim Brüchle is the new Managing Director of Trumpf Switzerland |url=https://www.maschinenmarkt.ch/arnim-bruechle-ist-neuer-geschaeftsfuehrer-von-trumpf-schweiz-a-0b71f9e16212dc4a1d06cf4f906da802/ |access-date=2024-09-20 |website=SMM Schweizer Maschinenmarkt |language=de}}
In Germany, Trumpf has traditionally had a strong presence in Baden-Württemberg, where 8 of its 14 domestic locations are situated. Over 8,000 employees work for Trumpf in Germany, representing half of the company's global workforce. Despite this, the Asia-Pacific region is a key market, generating around a quarter of the company's total revenue.
= Key data =
class="wikitable"
|+ !in Mio. Euro !2017/18 !2018/19 !2019/20 !2020/21 !2021/22 !2022/23 |
Turnover
|3,565,6 |3,784,0 |3,487,7 |3,504,7 |4,222,8 |5,364,5 |
Profit (EBIT)
|534,7 |349,3 |309,1 |369,5 |468,4 |615,4 |
Total revenue
|3,469,8 |3,939,2 |3,914,7 |4,225,0 |4,586,1 |5,019,1 |
Equity ratio
|54.1% |51.4% |51.5% |47.7% |52.1% |53.8% |
Employees
|13,420 |14,490 |14,325 |14,767, |16,554 |18,352 |
Awards and honours
= German Future Prize =
In 2013, Trumpf was awarded the German Future Prize (de: Deutscher Zukunftspreis) for its collaboration with Robert Bosch, researchers from Fraunhofer IOF, and Friedrich Schiller University Jena in developing an ultrashort pulse laser for industrial mass production.{{Cite web |last=Fabian |first=Schmidt |date=2013-12-04 |title=Deutscher Zukunftspreis 2013 – DW – 04.12.2013 |trans-title=German Future Prize 2013 - DW - 04.12.2013 |url=https://www.dw.com/de/deutscher-zukunftspreis-2013/g-17271097 |access-date=2024-09-20 |website=dw.com |language=de}}
In 2020, Trumpf received the German Future Prize again, this time for its groundbreaking contribution to the production of modern microchips using EUV (extreme ultraviolet) lithography. This achievement was the result of a partnership with ASML, Zeiss, and Fraunhofer IOF.{{Cite web |title=Deutscher Zukunftspreis 2020 |trans-title=German Future Prize 2020 |url=https://www.zdf.de/wissen/deutscher-zukunftspreis/deutscher-zukunftspreis-2020-100.html |access-date=2024-09-20 |website=www.zdf.de |language=de}}
= Hermes Award =
In 2020, Trumpf was awarded the Hermes Award for its development of the "Omlox" standard. This standard allows for the technology- and manufacturer-independent provision of location data. The development of Omlox involved the collaboration of over 60 industrial companies.{{Cite web |last=Schäfer |first=Reinhold |date=2020-07-15 |title=Trumpf Werkzeugmaschinen gewinnt den Hermes Award 2020 |trans-title=Trumpf Machine Tools wins the Hermes Award 2020 |url=https://www.maschinenmarkt.vogel.de/trumpf-werkzeugmaschinen-gewinnt-den-hermes-award-2020-a-948967/ |access-date=2024-09-20 |website=MM MaschinenMarkt |language=de}}
= Miscellaneous =
In 2022, Forbes included Trumpf on its list of the World's Best Employers.{{Cite web |last=PEACHMAN" |first="RACHEL RABKIN |title=The World's Best Employers 2023 |url=https://www.forbes.com/lists/worlds-best-employers/ |access-date=2024-09-20 |website=Forbes |language=en}} The Trumpf Group is recognised as an example of balancing economic interests with employee satisfaction,{{Cite web |date=2018-10-16 |title=Germany's Mittelstand puts happy workers over profits |url=https://www.ft.com/content/68417a94-cb0f-11e8-9fe5-24ad351828ab |url-access=subscription |access-date=2024-09-20 |website=www.ft.com}} implementing measures such as annual working time accounts to support this balance.{{Cite web |date=2016-09-13 |title=Trumpf führt Jahresarbeitszeit ein |trans-title=Trumpf introduces annualised working hours |url=https://www.maschinenmarkt.vogel.de/trumpf-fuehrt-jahresarbeitszeit-ein-a-549983/ |access-date=2024-09-20 |website=MM MaschinenMarkt |language=de}}
Notes and references
{{Reflist}}
External links
- {{Official website|trumpf.com}}
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Category:1923 establishments in Germany
Category:Companies based in Ditzingen
Category:Industrial machine manufacturers
Category:Machine tool builders
Category:Manufacturing companies established in 1923
Category:Medical and health organisations based in Baden-Württemberg
Category:Medical technology companies of Germany