LORENZ Kunststofftechnik GmbH in Wallenhorst withstands the crisis

OSNABRÜCK, Germany--(Business Wire)--
The German producer of SMC, BMC, DMC and CIC, LORENZ Kunststofftechnik GmbH, has
announced that, despite the economic crisis, business is continuing apace.

As a result, LORENZ has been able to boost its development and customer support
capacity with an increase in the workforce from 5 to 13 at the end of 2008,
thereby consolidating the close cooperation it enjoys with its customers. The
outcome has been the development of even more trusting relationships between
LORENZ as supplier and its customers throughout the world. The number of
contracts has been increasing.

The other important factor is that LORENZ manufactures its products in one of
the most modern and efficient factories in Europe, constantly guaranteeing
customers delivery of the same quality and offering favorable prices for its
LOPREG SMC and LOMIX BMC, DMC and CIC.

Another considerable advantage which this family business enjoys is the
technical equipment it employs to support the development department. LORENZ has
its own CAD capability which, together with 3D construction, can carry out FEM
calculations. Customers and potential customers can therefore have their
products and tools constructed without the need for further development
partners. The company's own toolmaking rounds off the service it provides.

Furthermore, tools and materials are tested by a BMC technical school on three
injection molding machines with a clamping force of 80, 160 and 500 tons.

LORENZ is the only SMC, BMC, DMC and CIC manufacturer in the world that can
offer this service package under one roof.

The picture is completed by the enterprise's own recycling plant, which is
available to all customers.

Thomas Lorenz, owner and managing director, is also optimistic about the future
development of his company:
"We have proved to be reliable for our customers, irrespective of whether they
purchase 3 or 3,000 tons per year. My young, highly qualified team works on each
project with absolute dedication. Our customers and many potential customers
have come to appreciate this fact, so much so that we are currently working on a
number of development projects that we have never seen before in our 40-year
history.
To have chosen a combination of chemists and engineers for the development
department and experienced master mechanics and technicians for customer
support, who together speak nine languages, was the right decision.
The next step will be to help our personnel advance in all other areas which are
experiencing an increasing demand by providing training courses and advanced
training. Training our own young specialists is vital for us."

SMC, BMC, DMC and CIC are fibre-glass reinforced, duroplast molding materials.

You can find further information about LORENZ on the company website,
www.lomix.de.

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LORENZ Kunststofftechnik GmbH
Dieter Morthorst, +49 5407 8322 0
dieter.morthorst@lomix.de

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