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Lathe/milling machine orders increase 70%

Edited by the Manufacturingtalk editorial team Apr 3, 2007

Spanish builder of CNC lathes and fixed bed milling machines, Goratu, reports a 70% in orders - demand recovery particularly coming from Germany and India.

Goratu, a horizontal bed lathe and fixed bed milling machine manufacturer reached a turnover figure of EUR 30 million in 2006, with a 70% increase in its order portfolio.

It is currently working on projects with machines whose value in the portfolio will occupy the production throughout 2007 and the first months of 2008, and will allow for closing the year with a turnover of EUR 32 million.

The recovery of the demand has occurred above all in the foreign markets, with a special incidence in the turning solutions.

Germany represents 31% of the exports corresponding to 2006, with India as another of the expanding markets.

Amongst the current orders, Goratu has orders for companies the iron and steel, wind, oil and capital goods sectors.

The company signed a contract at the end of 2005 for the supply of four large sized lathes for machining nip-rolls starting from crude, to an iron and steel company from Extremadura.

For the wind sector, a large sized lathe is in the assembly phase, whose main application will be for machining windmill shafts.

In 2005, Goratu started to penetrate South East Asia through its office in India.

After closing operations with capital goods and energy companies, it has consolidated its presence in that country with new contracts.

At the moment, it is in the finalizing stage of a project to supply lathes to Elecon, a machinery producer for the mining and energy sectors.

The sale of six 'Geminis' lathes to the multinational company FMC can be highlighted.

The company that is celebrating the 50th anniversary of the Geminis make in 2007, presented in the Milan BiMu in 2006, its range of mobile column milling machines, to complement its milling offer, and has closed orders in the last four months of the year for the delivery of seven machines of this type.

In addition to the consolidation of the natural markets (mainly EU countries) and the increase of its presence in the USA, Canada, and India, Goratu is considering tackling the Russian and Baltic markets in 2007 and starting a rapprochement to China.