Fostering technology leadership
To further leverage co-innovation with customers and to reinforce its technology leadership, Sulzer Metco joined the Commonwealth Center for Advanced Manufacturing (CCAM). The division continued to strengthen its technology portfolio with laser cladding and cold-spray technologies. It expanded its global presence by opening a shop-in-shop coating center at a customer’s site in China, and enhanced its position in high-performance carbon friction materials through an acquisition. In cooperation with Sulzer Chemtech, the division developed anti-corrosion solutions, such as thermal-sprayed aluminum applications.
Market activities at high levels
The division increased its order intake, driven by a positive environment in its key markets. The demand for Sulzer Metco’s innovative coating solutions was particularly high in the aviation industry—with record order books—and the power industry. The automotive market stabilized at high levels. Geographically, demand was particularly pronounced in North America and in the Asia-Pacific region, while activities in Europe remained stable.
Higher sales and double-digit profitability
Sulzer Metco further increased its sales volume. Profitability remained in the double-digit range despite additional corporate charges, which increased by 50 basis points of sales. Excluding this effect, profitability continued to increase. The division continued to improve its business processes with a number of LEAN initiatives. Productivity was increased through advanced LEAN manufacturing concepts. The division further decreased the frequency of accidents.
Global initiatives that aim to reduce emissions and increase efficiency have a positive impact on the division’s business. For 2013, activities in the transportation industry are expected to continue at current high levels, driven by the emerging markets and North America. Sulzer Metco expects moderate growth in order intake and sales. Profitability is forecast to increase slightly.