Despite a globally challenging investment environment, the manufacturer of precision cylindrical grinding machines was able to increase its revenue and gain market shares in many regions.
This year’s press conference of Fritz Studer AG was on the theme of the “Sound of STUDER”. “The recently completed fiscal year 2023, notably the year of our 111th anniversary, was extremely successful,” said STUDER’s CEO, Jens Bleher, in front of about 65 journalists from over 20 countries in Steffisburg. Despite the globally challenging investment environment, the manufacturer of precision cylindrical grinding machines was able to increase its revenue again. Especially in key markets like the USA and China, revenues developed positively. Asia was, as in previous years, the largest single region followed by Central Europe and North America.
Consistent investments in product development and site infrastructure have paid off. “We have turned our announcements into reality and used the time to improve our market position and strengthen ourselves for the future in the long term,” he said. STUDER was able to gain market shares in many regions of the world. Moreover, the new revenue record in the Customer Care segment was very pleasing. Bleher took it as a positive sign for the upcoming fiscal year that the order situation developed exceptionally well towards the end of the year.
Although the development of new orders was weaker in individual markets, such as Germany, China, and some other Asian countries, other parts of the world saw positive results. “We achieved good results in many countries and even posted record new orders in some,” said Sandro Bottazzo, CSO at STUDER.
Small and medium-sized enterprises trust in STUDER
Measured by customer segments, the aerospace industry once again generated the largest increase in new orders. This industry has now overtaken the declining automotive and supplier industry. The “Tool” segment remained below expectations. The largest individual segment, as in the prior year, is “precision engineering,” which is dominated by contract manufacturers. “I am very pleased that our grinding machines are so highly trusted by small and medium-sized enterprises, and that this segment remains strategically important for us,” explained Bottazzo. The “mechanical engineering” and “die & mold” segments also maintained their important positions. Additionally, the increasing demand for precision cylindrical grinding machines in the semiconductor industry was very pleasing.
Record revenue in Customer Care
For STUDER, an internationally positioned manufacturer of precision cylindrical grinding machines, maintaining a broad portfolio remained of particular importance in 2023. Sales of CNC universal cylindrical grinding machines were very solid. The machine with the highest volume was the S33, followed by the favoritCNC, the S31, the S41, and the favorit. “When it comes to internal cylindrical grinding machines, it was actually the third best sales year in the company’s history for the S131,” said Bottazzo. Sales of the new S100 internal cylindrical grinding machine were also very gratifying and exceeded targets.
Customer Care developed very positively. “Here we were able to record a revenue record for the second year in a row,” said Bottazzo. This applies to all business areas: from maintenance, service to spare parts, and overhauls. Particularly pleasing was the development in Eastern Europe, where STUDER now performs service with its own skilled personnel in the Czech Republic, Slovakia, Poland, and Hungary.
Globally, STUDER participated in about 30 trade fairs and open houses. In addition to CIMT in Beijing and EMO in Hanover, the open house at UNITED GRINDING North America was particularly successful. At EMO 2023, STUDER was able to present three automation solutions at a trade fair for the first time in its history with the new insertLoad loader as well as the roboLoad and uniLoad.
Important developments in spindles and automation
In 2023, the focus for STUDER remained on the development and advancement of state-of-the-art grinding technologies for the benefit of its customers. The S36 production external cylindrical grinding machine is particularly suitable for components related to e-mobility. “Now our customers can use all spindle variants and automation solutions without restrictions on the S36,” said CTO Daniel Huber. Thanks to the new, powerful grinding spindle with 25 kW, it is possible to use particularly wide grinding wheels up to 160 mm. A new option is high-speed grinding with CBN or diamond grinding wheels. With the fully compatible easyLoad and uniLoad loading systems, customers can highly automate their production with the S36.
Huber was pleased with the success of the new S100 internal cylindrical grinding machine. It has established itself in the entry-level segment for internal grinding, analogous to the favoritCNC in external grinding. Thanks to last year’s development, the S100 now has a new, powerful dressing spindle (Ø 58), which is also planned for further models in the future.
Customers can eagerly anticipate new features in the successor machine to the popular favoritCNC: for example, an angle display of the wheelhead, the popular QuickSet setup function, and a conventional mode as a manual grinding cycle that efficiently allows for the manual grinding of workpieces without any programming.
New features announced for C.O.R.E.
A particular focus in development in 2023 was also on C.O.R.E., the revolutionary hardware and software architecture of UNITED GRINDING. “The C.O.R.E. touch operating panel already allows an unprecedented level of intuitive use, and soon there will be a customizable interface, where operators can define and save their workspace,” explained Huber. Data collection and analysis, as well as new sensors and instruments, were also a focus.
The CTO then provided an outlook for the future. “The issue of sustainability continues to be important for us,” he said. STUDER’s own cooling system, SmartJet®, already significantly reduces the need for coolant and energy in the grinding process, setting new industry standards. Huber also sees great potential in the semiconductor industry. Demand for high-performance semiconductors is rising due to e-mobility and photovoltaics. STUDER’s S41 CNC universal cylindrical grinding machine with in-situ X-ray measuring head sets the standard in wafer manufacturing and is extremely successful in the market.
“In the long term, only the machine manufacturers who offer intelligent and efficient machines incorporating the latest technology can be successful,” summarized the CTO, reflecting on the extensive development activities over the past year.
STUDER ensures competitive delivery times
For Operations, Stephan Stoll, COO of STUDER, provided an overview. “The ratio of produced machines has shifted to more complex systems in 2023,” he said. Due to active procurement management and the normalization of global supply chains, orders were completed on time. Stoll positively assessed the implementation of the joint production strategy within the UNITED GRINDING Group, which provided STUDER with good utilization.
Key operational projects included investments in automated manufacturing tools and state-of-the-art test stands. STUDER is one of only a few grinding machine manufacturers to produce its own high-quality spindles. The expertise for these strategically important machine components was specifically expanded. Comprehensive structural and logistical measures were further invested in Steffisburg and in the internal grinding competence center in Biel for these prerequisites and further growth.
STUDER connected to the district heating network
Sustainability also played a significant role. “Since February 2023, the Steffisburg site has been connected to the local district heating network, thus heating all buildings in an environmentally friendly way,” explained Stoll. Furthermore, the conversion of all buildings to LED lighting is largely complete. Overall, energy consumption and CO2 emissions have significantly decreased.
The COO also gave an outlook for the coming fiscal year. “After the considerable investments of the past years, the redesign of our logistics processes and warehouse infrastructure is now imminent,” said Stoll. The centerpiece of this project is a central logistics hub with a directly connected container warehouse. The higher efficiency of the fully automated warehouse system benefits the entire machine production and the handling of spare parts.
In conclusion, Jens Bleher emphasized the great importance of well-trained employees for the technology company. He was very pleased with the recent successes at the prestigious professional championships, SwissSkills. Last year, STUDER apprentices Luis Salzmann (1st place, construction designer EFZ) and Noah Rossel (2nd place, automation engineer EFZ) won the gold and silver medals with their outstanding performances. “STUDER is represented for the third time in a row at the WorldSkills. We are very proud of this, which confirms our extensive commitment to vocational training,” said CEO Bleher.
