Machinery and Technology Investments at Full Speed

Despite high inflation and low exchange rates, we continue our production investments. We added a new CNC lathe machine to our production line to be able to process the travel dimensions of the connecting rod more efficiently and to be able to produce within tighter tolerances. With this investment, we have achieved a capacity increase of approximately 20% in the finish processing line. We have also added a new double-pallet CNC horizontal processing machine to our production inventory to increase our heavy-duty connecting rod variety. In addition, our CNC vertical processing machine with a wide table and suitable for hydraulic fixturing will allow us to add new products to our portfolio in the heavy-duty vehicle group without reducing the capacity of our current production line.