Market News Partnership: Impression Technologies & Fischer Group
Impression Technologies Ltd (ITL) has announced a key strategic partnership with Fischer group. The first focus will be automotive customers in Europe.
Fischer group is a key supplier of complex-shaped hydroformed parts such as manifolds, catalyst converter shells and complex tubing system components to the world’s largest automotive OEMs. Under the agreement, Fischer group will manufacture body-in-white components using HFQ Technology, enabling it to service OEM requirements in fast-growing markets such as electric vehicles.
The initial focus of the partnership will be to supply automotive customers in Europe from Fischer Hydroforming’s base in Menden, Germany, with the objective of expanding to service global OEM customers from Fischer’s facilities in Mexico and China.
This is an important step in the deployment of a full-service HFQ supply chain capability which will be in place from mid-2020 onwards to service the needs of OEMs across the globe.
Commenting on the announcement, ITL’s CEO, Jonathan Watkins, said: “We are delighted to have entered this strategic partnership with Fischer group, which will offer automotive and aerospace OEM customers stronger, lighter, more cost-effective structures made using HFQ Technology. We look forward to working with Fischer to develop a global HFQ supply chain capability.”
Dr Stefan Geißler, MD of Fischer Hydroforming, said: “This partnership with ITL offers Fischer a unique opportunity to supply our automotive and industrial customers with an entire new genre of metal forming capabilities, further building on Fischer’s extensive technical and manufacturing experience.”