2. Invention meets Reliability 2
PRESENTATION
CONTENTS
SECO/WARWICK
Mission
BUSINESS
Strategy
FIVE BUSINESS SEGMENTS
and key customers
GLOBAL
presence
SECO/WARWICK
History
ORGANIZATIONAL
structure
MANUFACTURING
plants
BUSINESS
segments
3. Invention meets Reliability
BUSINESS STRATEGY
3
AND MISSION
EUROPE I USA I CHINA I INDIA I BRASIL
a world leader in heat treatment equipment for metals
GLOBAL PRESENCE
UE +USA (The core)
BRIC (strategy)
TOP CLIENTS
Global
Local
ENGINEERING
Assembling
Aftermarket
5 SEGMENTS
50% High tech
50% commodity
PERSPECTIVE TARGET
INDUSTRIES
Aerospace
Automotive.
Energy
Other
CUSTOMER
Tailor-made
solutions
PRESENCE
global metallurgy
markets
R&D
2 R&D centers
(USA & UE)
SECO/WARWICK is a global supplier of industrial equipment and modern technologies for metal heat processing.
Owing to their innovativeness and adaptation to new (lean) industrial process philosophy, our products provide our customers with
competitive edge in production processes.
5. Invention meets Reliability
SECO/WARWICK GROUP
5
GLOBAL PRESENCE TODAY (turnover 2015*)
Retech/30,8 SW Corp./16,1
Brazil/3
SW Europe/67
SW Allied/8
SW Retech/3,5
S/W Germany S/W Russia S/W France S/W Services
SECO/WARWICK S.A.
(Poland)
S/W Europe
(Poland)
S/W Corp.
(USA)
Retech
Systems
(USA)
S/W Retech
(China)
S/W du Brazil
(Brazil)
* MLN EUR
6. Invention meets Reliability
1991
2013 2015
2003
S/W
Holding
2004
2008
WSE
Russia FranceCHINA
2012
2002
CAMLAW
2007
Retech
2005
INDIA Germany
2010
2014
Brasil
PL + US SWS
2016
7. Invention meets Reliability
SECO/WARWICK
7
SHAREHOLDERS, MANAGEMENT AND SUPERVISORY BOARD
SW Holding 32%
Other 23%
Spruce Holding
10%
SECO/WARWICK
S.A. 10%
AVIVA Open
Pension Fund
BZ WBK
[PROCENTOWE]
Blwauhard
Holdings LLC 6%
ING Open Pension
Fund 6%
Amplico PTE S.A.
5%
Management Board
Paweł Wyrzykowski - CEO
Wojciech Peret - COO
Jarosław Talerzak - VP THE
Supervisory Board
Andrzej Zawistowski - Chairman
Jeffrey Boswell
James A. Goltz
Dr. Gutmann Habig
Witold Klinowski
Henryk Pilarski
Marcin Murawski
8. Invention meets Reliability
MAIN FUNCTIONS
8
IN SECO/WARWICK S.A.
CFO
COO
Marketing Manager
Purchasing Manager
Business Development
HR Manager
VP THE
VP VACUUM
VP VME (Retech)
VP ALU (+CAB)
VP AFTM
CEO
CENTRAL HOLDING FUNCTIONS BUSINESS SEGMENTS
9. Invention meets Reliability
MATRIX STRUCTURE
9
AT SECO/WARWICK
Mgt Poland
Mgt US
Mgt China
Mgt India
Mgt Retech
Mgt Brazil
Mgt Russia
Operations
x
x
x
x
x
x
HR Admin
x
x
x
x
x
x
R&D
x
Finance
x
x
x
x
x
x
Team
VAC
x
x
x
x
x
Team
ALU+CAB
x
x
x
Team
THE
x
x
x
x
x
Team
AFTM
x
x
x
x
x
x
Team
RETECH
x
CEO
COO CFO
VP
VAC
VP
ALU+CAB
VP
THE
VP
AFTM
VP
RETECH
10. Invention meets Reliability
FIVE TECHNOLOGIES
10
FOR METAL HEAT PROCESSING
vacuum
furnaces
thermal
furnaces
melting
furnaces
CAB aluminum
process
15. Invention meets Reliability
GLOBAL STRUCTURE
15
SECO/WARWICK SA, Poland (HQ) SECO/WARWICK Corp., USA
RETECH, USA SECO/WARWICK Europe, Poland
AND MANUFACTUTING PLANTS
16. Invention meets Reliability
GLOBAL STRUCTURE
16
SECO/WARWICK ALLIED, India SECO/WARWICK, China
SECO/WARWICK,Brasil SECO/WARWICK GmbH, Germany
AND MANUFACTUTING PLANTS
17. Invention meets Reliability
S/W POLAND
17
20.000 m2 of manufacturing space,
owned, 3 different sites
425 employees
Sales in 2015: 255 M PLN/ 60 M EUR
Specializing in:
Vacuum Furnaces, Aluminum Process
Furnaces, Vacuum Metallurgical Furnaces,
CAB, Protective Atmosphere Furnaces,
Custom Build Furnace, Private Label
Manufacturing, Software Engineering, R&D
Activities
Established In 1991 (Elterma S.A. 1950 ),
Located in Świebodzin, Poland
18. Invention meets Reliability
S/W US
18
9.000 m2 of manufacturing space,
owned
98 employees
Sales in 2015: 67 M PLN/ 16,1 M EUR
Specializing in:
Aluminum process furnaces,
Controlled atmosphere furnaces,
Vacuum furnaces, CAB
PA
Company with over 100 years history,
Located in Meadville, PA
19. Invention meets Reliability
S/W CHINA
19
4000 m2 of manufacturing space,
owned, leased
48 employees
Sales in 2015: 14,5 M PLN/ 3,5 M EUR
Specializing in:
CAB, Melting Furnaces
Aluminum Process Furnaces,
Vacuum Furnaces, Production Facility
Established In 2010,
Located in Tianjin,
~150 Km South – East Of Beijing
20. Invention meets Reliability
RETECH LLC USA
20
11.000 m2 of manufacturing space,
leased
118 employees
Sales in 2015: 129 M PLN/ 31 M EUR
Specializing in reactive metals
(titanium, nickel alloys, etc.) That are
processed under controlled atmospheres:
Casting, Vacuum Arc Remelting,
Plasma Melting, Electron Beam Melting,
Powder Systems
CA
Located in Ukiah, CA,
Founded in 1963
21. Invention meets Reliability
S/W ALLIED INDIA
21
4.000 m2 of manufacturing space,
owned
172 employees
Sales in 2015: 34 M PLN/ 8 M EUR
Specializing in:
Hydrogen Bell Annealing Furnaces,
Controlled Atmosphere Furnaces,
Incinerators, Reheating Furnaces,
Production Of Vacuum Furnaces
Founded in 1971, joined SW In 2007
Located in Mumbai
22. Invention meets Reliability
S/W DÓ BRASIL
22
3.300 m2 of manufacturing space,
owned
27 employees
Sales in 2015: 12,7 M PLN/ 3 M EUR
Specializing in:
Controlled Atmosphere Brazing,
Protective Atmosphere Furnaces,
Aluminum Process Furnaces,
Vacuum Furnaces, Production Facility
Located in Jundiai, Brazil
Founded in 1986, Joined SW in 2013
23. Invention meets Reliability
S/W GERMANY
23
700 m2 of manufacturing space,
leased
21 employees
Sales in 2015: 22 M PLN/ 5,2 M EUR
Specializing in:
Sales of Atmosphere Furnaces & Vacuum
Furnaces, Spare Parts, Services
Established in December 2012/2014
Located in Bedburg-hau
24. Invention meets Reliability
OTHER S/W COMPANIES
24
S/W Russia sales & service office – 10 FTE
S/W France established Oct’2015 – 4 FTE
S/W Services established Jan’2016 – 24 FTE
S/W Belarus sales office
32 Agents in 22 countries
25. Invention meets Reliability
VACUUM BUSINESS
25
SEGMENT
MORE
COOPERATION
SALE TO
APPLICATIONS:
USE IN INDUSTRY:
600 installations in 50
countries worldwide
with renowned research
centers
the largest industrial
companies in the world
soldering, aging, curing,
sintering, annealing,
carburizing
aerospace, tooling, special,
machinery
27. Invention meets Reliability
THERMAL BUSINESS
27
SEGMENT
OVER
APPLICATIONS:
USE IN INDUSTRY:
1,300 installations in 40 countries
worldwide cooperation with
renowned research centers
sale to the largest industrial
companies in the world
carburizing, nitriding, annealing,
hardening, heating before
forging, rolling, bending and
rolling, sintering, firing ceramics
aerospace, tooling, special,
machinery
automotive, aerospace, tooling,
special, machinery, energy,
bearing, service hardening
28. Invention meets Reliability
THERMAL BUSINESS
28
NITRIDING
&VACUUM
TEMPERING
FURNACES
AND PRODUCTS
PIT FURNACE
BRIGTH
ANNEALING
BELL FURNACES
LINE
29. Invention meets Reliability
VACUUM MELTING BUSINESS
29
SEGMENT
PRODUCTION
FURNACES:
USE IN INDUSTRY:
vacuum induction melting (VIM),
electron beam (EB), vacuum arc
re-melting (VAR), plasma arc
melting (PAM), gaz atomizer
(GA)
aerospace, automotive, tooling,
special, medical, nuclear
30. Invention meets Reliability
VACUUM MELTING BUSINESS
30
AND PRODUCTS
PLASMA ARC MELTING (PAM)
ELECTRON BEAM MELTING (EB)
CONSUMABLE
CASTER
31. Invention meets Reliability
ALUMINUM & CAB BUSINESS
31
SEGMENT
OVER
SALE TO:
APPLICATION:
130 installations worldwide
large industrial companies :
aerospace, automotive, tooling,
special, medical, nuclear
brazing of aluminum and copper
heat exchangers
annealing, homogenization,
aging, melting, maintaining
33. Invention meets Reliability
AFTERMARKET BUSINESS
33
SEGMENT
OVER
SALE TO:
APPLICATION:
4 000 RFQ annually
mainly for automotive ,
aerospace, energy industires
and commerctial heat treaters,
machinery, tool & dies
spare parts, modernization &
repairation, renovation,
re-location, training and support,
preventive & emergency
maintenance, certifications
35. Invention meets Reliability 34
SELECTED
automotive aerospace
energy & others
engine:
traction rod,
bolt, valves,
valve springs,
valve
sockets,
camshaft,
crankshaft,
lining
crample
zone
elements
exhaust
system
wheel
rims
McPherson
strut lower
armstabilizer
wheel
boltpinbolt in
brake system
ring
gaskets
fan (Titanium alloy)
Retech
technology, VAR
furnaces
compressor- Ti Ni
alloys
combustion
chamber turbine,
Ni-Co alloys, heat
processing/
thermal barrierNi/Co alloysdrives, lining
honeycomb
screens
energy gas
turbine
APPLICATIONS
37. Invention meets Reliability
AVIATION
0
10
20
30
40
50
60
70
80
90
717 737 737NG 757 767 787 777 747 747-8
Boeing, t
0
10
20
30
40
50
60
70
80
90
A300/310 A320 A330 A340 A350 A380
Airbus, t
state-of-the-art aircrafts contain much more titanium than in the past, which translates into increasing
demand for solutions offered by SECO Group /equipment for refining titanium/
source: Boeing, Airbus, Teal Group
INCREASING TITANIUM CONTENT IN AIRCRAFTS
37
38. Invention meets Reliability
EMERGING MARKETS
38
source: VDA
0
100
200
300
400
500
600
700
800
900
1.000
USA EU-15 Japan new EU
members
China Indonesia India
Cars and trucks per 1,000 inhabitants
POTENTIAL FOR INCREASED MARKET PENETRATION
0
100
200
300
400
500
600
700
800
900
1.000
USA EU-15 Japan new EU
members
China Indonesia India
39. Invention meets Reliability
TENDENCIES IN CAR COMPONENTS PRODUCTION
39
with lower size engines reach much better performance measures
ENGINE DOWNSIZING 1/2
with lower size engines reach much better performance measures
Mercedes /diesel1973 /W 115 2013 /W 212
engine size2,2 l /Mercedes 220 D/ 2,2 l /E 250 CDI/
cylinders4 4
power44 kW /60 PS/ 150 kW /204 PS/
torque126 Nm 500 Nm
40. Invention meets Reliability
TENDENCIES IN CAR COMPONENTS PRODUCTION
40
with lower size engines reach much better performance measures
ENGINE DOWNSIZING 2/2
… which implies higher demand for more durable production materials
VW Golf /gasoline/1974 2013
engine size1,6 l 1,4 l
cylinders4 4
power51 kW /70 PS/ 103 kW /140 PS/
torque112 Nm 250 Nm
41. Invention meets Reliability
ALUMINUM PENETRATION IN CARS
41
0,0 1,0 2,0 3,0 4,0 5,0 6,0 7,0 8,0
wheels with spares
chassis,suspension&steering with knuckles
transmission&driveline
engine
bumper beams and crash box
heat shields
body&IP beams
closures
brakes
heat exchangers
other components
2006-2012 EU Aluminum content increase /kg/
source: European Aluminium Association, alueurope.eu
aluminum sheets
aluminum cast parts
aluminum extruded
parts
LARGE POTENTIAL TO LEVERAGE
42. Invention meets Reliability
GREEN ENERGY DEVELOPMENT
42
emerging countries of Asia /China and
India/ are expected to record highest growth of
green energy capacity
source: Global Wind Energy outlook, November 2012, conservative scenario
slewing bearing in a wind turbine
CREATES FURTHER DEMAND FOR HEAT TREATMENT
installedcapacityinGW
0
50
100
150
200
250
300
350
400
Europe N.America Asia S.America Africa Pacific
43. Invention meets Reliability
EMERGING MARKETS
43
source: Metallstatistik, IKB Deutsche Industriebank
17,4 20,3
23,5 24,2
7,9 8,9 10,6 11,6
2009 2011 2013 2015
7,8 8,3 7,6 7,7
3,3 3,8 4,0 4,2
2009 2011 2013 2015
7,3 7,2 6,9 6,95,7 5,4 5,0 4,7
2009 2011 2013 2015
3,5 3,8 3,8
2009 2011 2013 2015
Europe
Asia
Gulf countries
Americas
1,7 1,8 1,7 1,80,7 1,0 1,3 1,4
2009 2011 2013 2015
Africa
aluminum production, m t
refined copper production, m t
Main drivers for increase of metal production in Asia:
transportation development
electrification /50% of aluminum consumption in India is
attributable to energy sector/
construction, urbanization
IN ASIA AS KEY STRATEGIC DIRECTION FOR METAL BUSINESS
44. Invention meets Reliability 44
THANK YOU
For more Details
SECO/WARWICK S.A.
8 Sobieskiego Str.,
66-200 Świebodzin, Poland
www.secowarwick.com
Katarzyna Sawka,
Group Marketing Director
T: +48 68 38 20 512
M: +48 512 811 648
E: info@secowarwick.com.pl
E: Katarzyna.Sawka@secowarwick.com
