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Anderson Group

Company Profile Analysis

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Anderson Group - Automotive showcase

Year Founded & Workforce

1938

16,254 Employees

Industry

AutomotiveB2BB2C

Services

CNC RouterGlobal CNC Router Market
A

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Anderson Group Overview

Company Headquarters: US

Founded: 1938

Workforce: ~16,254

Company Working: Anderson Group (Anderson America) is a leading global manufacturer of industrial CNC Routers for the woodworking, composites, plastics, graphic and nonferrous metals industries. Anderson America maintains a large showroom and technology center where multiple machines are available for client demonstrations. The company also has a software application training center on-site for both new and existing customers. Anderson offers the most comprehensive CNC router line up in the industry. Anderson America, a wholly owned US subsidiary of Anderson Industrial Corporation, was established in 1991 to provide customer support for the US and Mexican markets. Anderson America's showroom and technology center also features comprehensive technical support staff and a high-tech, in-house spindle repair facility. Anderson America has 19,122 machines all over the world.

Strategy

Anderson Group is focused on the technological development and innovation of CNC routers products. Anderson America's main goal is to provide its customers with the best in class CNC Router technology at reasonable prices, backed up by a high level of technical support both locally and remotely. The company is committed to providing the most advanced CNC routers on which businesses can rely for decades to come. Anderson America is unrivaled in its commitment to providing a quality CNC Router for today's highest demands in machining excellence and technical support. The company is involved in improving the supply chain, quality, delivery, and performance management processes.

Company Snapshot

$114.7M

Revenue

16,254

Employees

1938

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Highly reputed brand
  • Diversified portfolio
  • High investments in R&D
  • Diversified product portfolio in CNC router products for industrial and automotive industr
  • Excellent customer services
  • Strong R&D capabilities

Weaknesses

  • Dependence on third parties for raw materials
  • Limited presence in the Middle East and Africa
  • Not highly successful at integrating firms with different markets
  • High dependence on suppliers

Opportunities

  • Innovation in product
  • Scope in strategic acquisitions and joint ventures
  • Scope for strengthening its distribution channel across the globe
  • Scope for entering emerging markets
  • Increase in demand for CNC routers products

Threats

  • Currency crisis
  • Domestic competition
  • Political & economical imbalance
  • Competitive threats such as pricing, substitutes, and new entrants
  • Strict government regulation

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Key Developments

DateApproachDevelopment
July 2019DevelopmentAnderson America developed The ALL-NEW Anderson MLS, MULTI-BUNK LOADER SYSTEM. This system is intended to load a full sheet of man-made material from one of two, four, or six available pre-staged material bundles. This is accomplished with the same FANUC controller system that controls the CNC Router.
June 2017Product LaunchAnderson America launched Moving gantry (stationary table) type machine equipped with 1 (one) 12 HP 4-pole air-cooled router spindle, with grease lubricated ceramic bearings, an 8-Position Automatic Tool Changing System, with tool length touch probe, and 1 (one) 2 HP, multiple spindle boring unit with 9 independently selectable spindles for vertical boring.

Product Offering

  • Anderson Group
    • CNC Router
    • Global CNC Router Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 114.7 Mn in 2016 to USD 162.8 Mn in 2018.
Anderson Group — By Business Segment
Series (USD Mn)201620172018
Global Sales114.7146.7162.8

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