New Renewable Energy Business Unit at MAG

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MAG Industrial Automation Systems is powering up on green energy, announcing the formation of a new Renewable Energy Business unit to design/build automated manufacturing systems for solar panels and wind turbine components. The new business’s operations are based in Schaffhausen, Switzerland, and Hebron, Kentucky, and are headed by Dr. Siegfried Schmalzried in Europe/Asia and Joe Jones in the Americas. According to Jones, the renewable energy business is off to a strong start. “In recent months we have secured $30 million in contracts,” he says, “representing an approximate 30 percent share of our targeted market, putting us on track for our goal to produce 10 percent of MAG’s annual revenue,” he says.

MAG is currently sharing in a $7 million grant from the state of Michigan to develop a revolutionary wind hub machining cell for high-volume manufacturing and pursue development of carbon-fiber turbine blades. MAG is also focused on expansion to serve customers in emerging sectors in key markets. “We opened a new Composites Technical Center in Göppingen, Germany, in 2009, and a new plant in Changchun, China, earlier this year,” Jones says, “so now have 24 worldwide facilities, 15 of them in Europe and Asia.” To learn more call Mark Logan at (859) 534-4600, e-mail info-us@mag-ias.com, or go to www.mag-ias.com.