NORD sets sights on growth

Posted on Monday 28 February 2022

DRIVE SPECIALIST Nord DriveSystems reported an 18% increase in sales year-on-year in 2021. The firm says the growth was powered by new products and investments, and it is seeking to continue the trend this year.

Last year, Nord DriveSystems launched four products, including the patented DuoDrive. The geared motor integrates the high-efficiency IE5+ synchronous motor into a single-stage helical gear unit housing and thus sets new standards with regard to efficiency, installation space and version reduction. The new decentralised NORDAC ON frequency inverter and the additional sizes for the IE5+ synchronous motor and the NORDAC PRO SK 500P control cabinet inverter have been developed with the focus on customer benefit and energy efficiency.

Nord DriveSystems also invested in locations and logistics. In Germany, a new high-bay storage was put into operation, and in Poland, a new motor factory was built, and a factory extension was completed. Also in the USA, the production capacities were further expanded, and in China, the starting signal was given for a new production plant.

In 2021, Nord DriveSystems generated a turnover of EUR 870 million and significantly increased the number of employees in the NORD Group to around 4,700.

For more information, visit www.nord.com

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