The furnace stays on in Haseltal!
As of 01 October, 2018, Rheinische Mittelstandsbeteiligung (RMB) took over the traditional foundry Kurtz Eisenguss GmbH & Co. KG in Hasloch. Up to then it had belonged to the Kurtz Ersa Group, but its strategic significance was on the decline – latterly its share of total sales was running at 6%.
Just a few years ago, considerable investments were made in order to remain competitive in the hard-fought market for iron castings and to achieve a significant market share in the weight category up to 10 t unit weight. The technical equipment of the Smart Foundry was hailed among experts worldwide as a prime example of Industry 4.0; while turnover increased, the ambitious growth targets could not be reached. The specific search then began for a strategic investor with the right skill set and market presence to secure the long-term future of the foundry and its 90 jobs in Hasloch.
New company under new name
In future, the new company will go by the name of “Eisenguss Hasloch Smart Foundry GmbH“. With the purchase of the 166-year old iron foundry, and the two companies already under its ownership, Eisengießereien Hulvershorn GmbH & Co. KG and SHW High Precision Casting Technology GmbH, the new foundry group covers almost the entire spectrums of weights and sizes in all possible standard and special materials such as ADI, chrome and chilled casting. The bundling of competence in materials and foundry engineering encompasses almost all the requirements in the area of moulded parts from 5 kg to 120 t and meets the highest standards of precision and dimensional accuracy. The investor’s portfolio also includes the aluminium die casting company Eisenmann Druckguss GmbH.
At an event for employees on 04 October, 2018, Kurtz Ersa Group Chairman Rainer Kurtz thanked the staff, many of whom can look back on long years of service, and all of whom are keeping their jobs. With a heartfelt “Glück auf”, the traditional good luck wish in the trade, Rainer Kurtz wished all the staff and the new managing partner Rainer J. Langnickel a positive start, constantly well-filled order books and a successful future at the Hasloch site. The over 200,000 m2 site, as well as all the buildings, remains the property of Kurtz Ersa – public access is retained for the industrial park to the south of the site and the Historic Center with the Hammerschmiede and Hammermuseum.