02 December 2013

Oerlikon Balzers Opens Coating Center in the Philippines

Pfäffikon SZ / Balzers, Liechtenstein – 02 December 2013 – Oerlikon Balzers continuing to expand its footprint in Asia and is opening its first coating center in Laguna, the Philippines. With this new center, Oerlikon Balzers' global service network now comprises of 93 coating centers in 34 countries. In addition, the Segment is expanding its service portfolio at its existing center in Gunsan, Korea. 

In the coating business, proximity to the customer is a key success factor. For this reason, the expansion of its footprint in existing and new markets is an integral element in Oerlikon Balzers' growth strategy. In particular, the company is directing its attention to Asia, which is already home to around one-third of the Segment's coating centers.

"After serving our customers in the Philippines from Singapore for the last five years, we decided to open our own center in the country in order to be even closer to our customers and to significantly reduce service times," Dr. Hans Brändle, CEO of Oerlikon Balzers, said in explaining the decision.

In addition, Oerlikon Balzers is expanding its service range in one of the region's existing centers. The coating center in Gunsan that opened in 2008 only offered coating services for components in the past. Tools were coated in the center in Pyeongtaek. Due to the continued economic growth of the Gunsan region, the decision was made to add the coating and reconditioning of tools to the center's service range

Oerlikon (SIX: OERL) is a leading high-tech industrial group specializing in machine and plant engineering. A Swiss company with a tradition going back over 100 years, Oerlikon is a global player with around 13 000 employees at around 160 locations in 34 countries and sales of CHF 2.9 billion in 2012. 

Oerlikon Balzers is one of the world’s leading suppliers of surface technologies that significantly improve the performance and durability of precision components as well as tools for the metal and plastics processing industries. Oerlikon Balzers is a Business Unit of the Switzerland-based Oerlikon Group (SIX: OERL).

Source: Oerlikon