Physik Instrumente Expands German HQ
Creates more than 1,000 square metres of additional production area
Physik Instrumente (PI) has taken a large step towards expanding their production capacities. The company has purchased an additional building close to their headquarters in Karlsruhe, Germany, to which various corporate functions will move.
With this relocation, the specialist for nano positioning, piezo technology, and performance automation will create approx. 1,000 square meters of additional production area, hence rapidly expanding their capacities in Karlsruhe.
"Our markets and the demand for our products and solutions are continuing to grow sustainably at a remarkable rate," explains PI's CEO Markus Spanner. The additional investment of approx. 10 million euros for purchasing the building, as well as its conversion and extension, complements the global investment package for expanding capacities already started in 2021, which is worth 53 million euros.
"Through purchasing the building, we will be able to use more than 1,000 m² of space for additional workstations in production. There will also be more space for office workplaces. Our focus is on maximum on-time delivery to our customers," explains Spanner. Increasing the number of employees at PI is also right on track. From the 240 additional jobs planned in Germany for 2022, close to 100 have already been filled. PI is also pushing the capacity expansion at their German sites in Eschbach and Lederhose as well as at their international sites.
In 2021, the company already increased capacities by approx. 30 percent, hiring more than 170 new employees. All of the investments are the result of the 'Maximum On-Time Delivery' initiative, which PI is using to systematically improve their ability to deliver on-time to customers.