"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 Mr. 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.
PI in Brief
Physik Instrumente (PI) with headquarters in Karlsruhe, Germany is the market and technology leader for high-precision positioning technology, and piezo applications in the market segments: Industrial Automation, Semiconductor Industry, Photonics, and Microscopy and Life Sciences. In close cooperation with international customers, PI's approximately 1,400 specialists have been continuously pushing the boundaries of what is technically possible for more than 50 years and developing both standardized and customized solutions. More than 500 granted and pending patents underline the company's claim to leadership. PI operates on a global scale, with nine production sites in Europe, North America, and Asia as well as 16 sales and service subsidiaries.