Scheuch awarded a USA contract valued at 70 million dollars
Upper Austrian environmental technology specialist Scheuch has been awarded a major contract valued at 70 million dollars in the recycling industry in the USA.Scheuch’s success story in the USA continues with this newly won contract. Last year, the Innviertel-based company landed a major contract worth 30 million dollars with its US-based business unit. Now John Rothermel (President) and Jörg Jeliniewski (Chairman) of the American business unit are pleased about the most significant order in the history of Scheuch being awarded to the USA organization: 70 million dollars for environmental technology systems in the recycling industry.
For a clean recycling industry
Rothermel believes “The award of $70 million comes from the recycling industry and has great significance for Scheuch. It again gives valuable impetus to the business unit’s location in America and confirms the success of our innovative and customer-tailored solutions for the industry. Sharing the resources and know-how of the Scheuch Group in Europe and the USA makes it easier for us to execute such an order. Such large-scale projects are what everyone wants. That’s why we are all the more pleased that our highly qualified teams and efficient production capabilities have enabled us to stand out clearly from the competition. By gaining market share in the recycling industry, the order also gives us confidence for the future.”
Further growth step
The two orders secure Scheuch a solid base capacity utilization until 2025 and again underline the growth of the Scheuch Group. The forecast is positive: more than 300 million euros in sales in the 2022/23 financial year and an order intake of almost 400 million euros are expected in the 2023/24 financial year. The trend in the industry continues to develop in the right direction. Innovative and cost-effective solutions that help solve environmental issues are being embraced by industry-leading companies globally. As a result, the demand for proven Scheuch solutions continues to rise. Stable growth and securing and creating long-term jobs in America and Europe are thus expected.
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