News Article
Singulus Expands Solar Capacity
Singulus Technologies have decided to double production capacity for solar equipment at the subsidiary STANGL Semiconductor Equipment AG (STANGL) by the spring of 2009.
The expansion of the location offers the opportunity to combine the production of STANGL in Eichenau, currently at 4 assembly sites to one complex of buildings. STANGL intends to use the enlarged production capacity for the processing of their continuing orders in the solar industry within the coming 18 months.
In the first stage of the expansion the production capacity will be doubled on an area of more than 6,400 sqm. At the final stage the production site will be enlarged to an area of 15,000 sqm, of which 2,500 sqm of office space is projected for sales, marketing and administration.
STANGL expects an approx. 50 % growth rate in 2007 compared to 2006. The company also projects double-digit growth rates in the next couple of years. With STANGL SINGULUS succeeded in gaining instant market access to a market which promises a long-term positive trend with double-digit growth rates.
STANGL and SINGULUS will consistently expand the solar activities. Both companies perfectly complement each other in order to be able to offer a broad product range of machines and equipment for the photovoltaics industry in the next couple of years. While STANGL focuses on wet-chemical processes, SINGULUS' core competence is physical coating technology and the integration of different processing steps in complete, predominantly automated, production lines. In particular the machine integration know-how, which SINGULUS has proven to possess in the automation of CD and DVD production lines, is an optimum starting point for the development of highly-profitable, fully-automated production lines.
In the first stage of the expansion the production capacity will be doubled on an area of more than 6,400 sqm. At the final stage the production site will be enlarged to an area of 15,000 sqm, of which 2,500 sqm of office space is projected for sales, marketing and administration.
STANGL expects an approx. 50 % growth rate in 2007 compared to 2006. The company also projects double-digit growth rates in the next couple of years. With STANGL SINGULUS succeeded in gaining instant market access to a market which promises a long-term positive trend with double-digit growth rates.
STANGL and SINGULUS will consistently expand the solar activities. Both companies perfectly complement each other in order to be able to offer a broad product range of machines and equipment for the photovoltaics industry in the next couple of years. While STANGL focuses on wet-chemical processes, SINGULUS' core competence is physical coating technology and the integration of different processing steps in complete, predominantly automated, production lines. In particular the machine integration know-how, which SINGULUS has proven to possess in the automation of CD and DVD production lines, is an optimum starting point for the development of highly-profitable, fully-automated production lines.