Market News Walter celebrates 100 years of innovation
Walter AG, a provider of specialised machining solutions, has celebrated the centenary of its foundation with guests from the worlds of business and politics.
As well as numerous international customers and partners, those in attendance at the company’s site in Tübingen, Germany, included guests from the worlds of business and politics including Dr Nicole Hoffmeister-Kraut, Baden-Württemberg’s State Minister for Economy, Labour and Housing, who stated:
“For 100 years, Walter AG has been synonymous with high-calibre engineering with a strong commitment to innovation. The company is an extraordinary exponent and shining example for manufacturing precision tools, where it holds a leading role.”
The celebrations focused on the company’s tremendous levels of innovation, creativity and future potential, with Professor Dr Peter Post, Member of the German Council of Science and Humanities as well as Head of Applied Research at Festo AG, speaking about what digitalisation and innovation means for industry.
This was followed by the opening of the new company museum by Richard Harris, President of Walter and Franco Mambretti, grandson of the company’s founder.
Richard Harris said: “Walter employees have not only further developed the numerous inventions of company founder Richard Walter, but have also created new tools, coatings and production methods. The museum is a testimony to the Walter spirit of innovation, and it will be an inspiration to new generations of Walter engineers and technicians. Today, we celebrate their inventiveness and creativity.”