Up to date: Latest news from Framo Morat

Framo Morat, Inc. is participating in Modex 2024, the premier trade show for the supply chain, manufacturing, and distribution industries. MODEX 2024 will take place from March 11 to 14, 2024, at the Georgia World Congress Center in Atlanta, GA – conveniently located near our US branch in Duluth, GA.

The Franz Morat Group achieved record revenue once again in the previous fiscal year of 2023 despite weakening economic activity. At around 114 million euros, sales came in about 8% higher than in the previous year. Managing Director Gökhan Balkis considers this a satisfying result in light of the current geopolitical and economic backdrops, even if revenue was a little less than 5% below target.

Managing Director Gökhan Balkis predicts that 2024 will be a year of numerous challenges for the German industry. Balkis cites multiple primary causes: increasing wages, rising energy costs, the budget crisis, geopolitical tensions, and the continually arising crises worldwide. Balkis explains, however, that the Franz Morat Group is well equipped for the coming months and years thanks to new future-oriented projects going on in all kinds of industries and business areas.

With the commissioning of the new solar park, the Franz Morat Group is taking an important step towards sustainability. The ground-mounted PV system at the Eisenbach headquarters is not only a milestone for the company, but also an enrichment for the community of Eisenbach and the region.

With the opening of the solar park, the Franz Mort Group is demonstrating that green energy is an important part of sustainable business. The photovoltaic system, which was installed at the headquarters in Eisenbach in the south of the company premises, enables the Group to produce around 10% of the electricity consumed at its headquarters itself.

As part of an organizational change, the Franz Morat Group is further emphasizing the industry focus of both Framo Morat and F. Morat. In this regard, Framo Morat, a leading company in the machining production of gears and the development and manufacturing of custom drive systems, will acquire the complete industrial business of plastic injection molding specialist F. Morat. The implementation will take effect on January 01, 2024.

EISENBACH, Germany. The Franz Morat Group has moved into a new plant in Eisenbach, Germany, across the street from its headquarters on the high plains of the Höchst. The building was already acquired by the company Grieshaber Feinmechanik in 2018. Due to the expansion, the names of all the plants in Eisenbach have been extended. The name of the Framo Morat production facility carries the add-on Plant 1, while F. Morat received the add-on Plant 2.

The site of the new Plant 3 covers an area of around 3,000 m². Spread over three stories, the building has usable floor space of around 2,300 m². The upper floor houses the Training Center & Assembly and the Technical Service department. The machinery covers all the technologies relevant for the industrial mechanic training program.