In order to maintain and intensify this unique approach to technology and corporate culture for a long time to come, igus is expanding its management team. The new Managing Directors Gerhard Baus, New Businesses, Michael Blass, e-chain systems, Tobias Vogel, plain bearings & linear technology, and Artur Peplinski, igus International, now complete the management team around Frank Blase. "I am delighted to be working with this team. Together we have 148 years of igus experience. We are united by our enthusiasm for motion plastics." Each of the new managing directors is responsible for a product area worldwide; one of them will expand the companies locally. "This is unusual and at the same time corresponds to our 'solar system organization', where the customer is at the center as a source of energy," says Frank Blase. At the same time, he appointed three new authorized signatories for the Cable, Assembly and Linear Technology & Low Cost Automation product areas. There are also five new authorized signatories for the areas of production, purchasing and human resources; they complement the colleagues for IT and finance.

"Together with our igus colleagues, we have already implemented many new investments this year. These include the further automation of the factory, for example with robolink low-cost robots, the creation of new test capacities such as the clean room laboratory and gearbox test stands, as well as the increase in production capacity to more than 560 injection molding machines and 18 newly installed machines for state-of-the-art toolmaking. At the same time, further investments were made in logistics and information systems for short delivery times. The topic of sustainability is becoming increasingly important, emphasizes Frank Blase, who invested in the start-up Mura Technologies last year to support the company in building the first commercial plant that can recycle plastic into crude oil. "In the extended management team, we all agree that we will incorporate the ideas of the circular economy much more strongly into our core business."