Dornier Reports Success In 2007
Germany-based air-jet and rapier weaving machine producer Lindauer Dornier GmbH reports success at shows including ITMA 2007 in Munich, Germany, and K07 in Düsseldorf, Germany, helped the company increase its annual turnover to 221 million euros (US$322.4 million) in 2007 - an increase of 9 million euros (US$13.1 million) over 2006.
Looking forward, Dornier's Special Machinery Division reports it has confirmed orders through 2009. The Weaving Machine Division expects 2008 results to be similar to those experienced in 2007. The company also reports that in 2008 it will finance new buildings and machinery at production facililties in Lindau, Esseratsweiler and Pfronten, Germany.
In order to remain effective in the global marketplace, Dornier's management structure has been reorganized as follows: Peter D. Dornier now is a shareholder of Lindauer Dornier GmbH in addition to his role as CEO; Michael Ebeling is now responsible for the Weaving Machine Division; Dr. Andreas Rutz is responsible for the Special Machinery Division; and Hans-Jürgen Schmidt oversees the commercial sector as well as subsidiaries in the United States, India, China and Turkey.
In other company news, Dornier established Dornier Makina Ltd. Sti. in Istanbul, Turkey, on January 1 to service the Turkish weaving market. The subsidiary will offer sales, spare parts and customer service.