aerospace industry l engineering
...supplier of tools
Walter today: a rich history and readiness for the future
The company was founded in 1919 by Richard Walter in Düsseldorf under the name "Metallurgische Gesellschaft Richard
Walter und Co." Walter was particularly
interested in sintered carbide alloys and in
new metallurgical methods.
Today, Walter AG is one of the world leaders in teh machining of metals. This machining specialist offers a wide assortment
of precise tools for milling, turning, drilling
and threading. Working alongside its customers, Walter develops tailor-made solutions for the comprehensive processing
of parts for general engineering, aerospace, automotive and power engineering.
The company motto of Engineering Kompetenz applies to the entire machining
process. An innovative partner for highly
efficient, digitised process solutions, Water numbers among the trail-blazers of Industry 4.0. Walter AG employs over 3,500
workers and, working with a number of
subsidiaries and trading partners, serves
customers from over 80 countries.
The company's balance totals have developed very favourably in recent years.
In 2018, Walter once again increased its
annual sales over the previous year and
T+T Technika a trh
broke its previous record, exceeding the
EUR 750 million mark in turnover for the
first time. This growth was the result of an
"increased volume of production of indexable inserts and tool holders due to generally increased sales across the Walter
Even 100 years after the company's
founding, this high demand is based on
Walter's innovative power. But today, this
innovation reaches past sintered carbide
tools and applies to a new assortment of
services provided to customers hailing
from across the entire process chain. With
more than 15,000 customers and numerous sales branches and partners in 80
countries, the group is, without a doubt,
one of the world leaders in its field. And
the company still sets the bar for innovation in boring, turning, milling and threading with its sintered carbide tools. Just as
Richard Walter did with his ground-breaking novel tools at the time of the founding of "Metallurgische Gesellschaft Richard Walter und Co." in 1919.
Yet despite that, the company faces
challenges it has not seen in the hundred
years of its existence.
Aside from uncertainty in the area of trade policy and enormous growth in Chinese innovative and economic power, the
most revolutionary changes are caused by
quickly advancing digitisation.
That makes the strategic decisions made
by Walter shortly after these challenges
became apparent look that much more
prescient in hindsight. Walter Multiply
and Walter Nexxt are impressive examples of how innovative digital solutions
can bring added value and help find the
right solution to meet every customer's
demands. A solution applicable not only
now, but also in the context of the much
debated Industry 4.0, whose challenges
Walter is ready to meet head on.
And as has always been the case over
the course of the company's hundred years of history, Walter's answers to Industry
4.0's questions will be the result of meticulous research, purposeful development
and passionate precision. They will be the
continuation of the tradition established
by Richard Walter, whose name the company carries into the modern age.