- Company - Physik Instrumente (PI) GmbH & Co. KG
PI USA Awards Contract to Build New Production Facility in Shrewsbury (USA)
“Over the past five years, the annual turnover of PI USA has grown by more than 10 percent. At the same time, production in the USA could be increased by 30 to 50 percent each year,” says Markus Spanner, CEO of the PI Group. “With this new production facility, we lay the foundation based on which we will be able to meet the sturdy growth of the American markets and to manufacture an increasing proportion of our products directly locally. This will enable us to meet customer requests more flexibly and quickly.”
With core competencies in nanopositioning, piezo technology, and performance automation, PI has developed into an established supplier for companies in the market segments of Industrial Automation, Photonics, and Semiconductor, as well as Microscopy & Life Sciences. Markus Spanner is convinced that the CHIPS and Science Act, which is aimed on creating incentives for semiconductor production, and the Inflation Reduction Act, which actively promotes attracting companies to settle in the USA, alone will lead to sustainable growth in these markets.
Even after completion of the new facility in Shrewsbury, production will continue at the current sites for a transitional period. Eventually, the new production facility will offer the possibility to manufacture here additional products such as piezo motors and tip/tilt systems for the Photonics market segment. With this new building, the company is at the same time expanding its development capacities for innovative system solutions in the USA. The creation of this new site takes place as part of the largest investment program in the history of the company group. Currently, the PI Group is investing more than sixty-three million euros in the expansion of the company's production capacities worldwide.
About Physik Instrumente (PI)
PI with headquarters in Karlsruhe, Germany, is the market and technology leader for high-precision positioning technology and piezo applications in the market segments of Industrial Automation, Photonics, and Semiconductor, as well as Microscopy & Life Sciences. In close cooperation with international customers, PI’s approximately 1,500 specialists have been continuously pushing the boundaries of what is technically possible for more than fifty years. Various drive technologies, internally developed sensor technology and electronics, as well as control and regulation technology provide the basis for this. PI’s portfolio ranges from components to subsystems to tailor-made complete solutions. 508 granted and pending patents underline the company's claim to leadership in the fields of precision positioning and piezo technology. PI operates on a global scale, with nine production sites in Europe, North America, and Asia, as well as sixteen sales and service subsidiaries.