Walter CZ: Tools for high-precision machining

8 aerospace industry l engineering Walter CZ ...supplier of tools for high-precision 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 special 2020 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 group..." 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. d 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. p