CIMdata PLM Industry Summary Online Archive

January 2010

Company News

ModuleWorks Expands Aachen Office

ModuleWorks begins 2010 with expansion at the head office at Aachen. The company now occupies all 3 floors of the building. This will provide for the ongoing expansion of the R&D team in Aachen. Part of the new space includes a full machine room containing 3 machine tools to prove out new machining toolpaths and strategies.

The expansion is helped by a very successful end to 2009 in which ten new sales were achieved in the final quarter. New Partners come from Europe, North America and Japan, further reinforcing the global nature of the ModuleWorks business. New agreements cover the range of ModuleWorks components including the market leading 5-Axis machining and newer Simulation and 3-Axis mesh-based machining components.

Eight of the new sales include the latest Simulation technology. Marc Stautner, Research Director at ModuleWorks says, “Our continued efforts in the development of the Simulation product are producing very impressive results, and it is good to see that our partners are recognising this and starting to gain the benefits”.

Managing Director, Yavuz Murtezaoglu comments “Despite tough economic conditions, ModuleWorks managed to maintain revenues and increase our range of partners; this has enabled us to increase our investment in R&D”. He also states,”The economy remains a concern across the world but we do believe productivity will be a critical issue as recovery gains pace in the manufacturing industry and this will provide opportunities for advanced technologies such as 5-Axis machining and machine simulation”.

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