Woco Industrietechnik GmbH

Woco Industrietechnik GmbH Overview

Company Headquarters: Germany

Founded: 1956

Workforce: ~5,750

Company Working: Woco Industrietechnik GmbH (Woco) manufactures polymer-based products and components for automotive and non-automotive applications. It offers mechatronics solutions, sealing, damping, and powertrain technologies, industrial anti-vibration systems, measuring and control systems, piping systems, and rail track systems. The firm partners with key players across the supply chain such as BorgWarner Inc., Kautex, Kromberg & Schubert, Mann+Hummel, Magna International Inc., Mahle GmbH, Valeo SA, Yazaki Corporation, and ZF Friedrichshafen AG. Its major customers include Audi, Bentley, BMW, Ford, General Motors, Jaguar Land Rover, Maruti Suzuki, Volkswagen, and Volvo. The company has 20 manufacturing facilities across the globe.

Strategy

Woco Industrietechnik GMBH focuses on quality, innovation, and establishing a wide customer base. It invests in the development of material-independent functional solutions. It also plans for the development of non-automotive products such as solutions for railway technology and industrial applications.

Company Snapshot

5,750

Employees

1956

Founded

Germany

Headquarters

SWOT Analysis

Strengths

Partnerships with top automotive OEMs
Wide portfolio of products in the automotive segment

Weaknesses

Limited R&D

Opportunities

Investment in the core product field such as powertrain technologies

Threats

Increase in the trade price for raw materials
Stringent government norms in North America for opening new automotive manufacturing facilities

Product Offering

Woco Industrietechnik GmbH
- Automotive (Noise Vibration Harshness)

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