15.12.2009 - Company News
Initiative to increase efficiency in difficult economic times

The worldwide financial and economic turbulences influence also our business. During these economic difficult times, it is imperative that we maximize all potential opportunities within our group.

Therefore, our management board has made the decision to concentrate the production of our core business “gaskets and stamping parts” in Wildeshausen.

We thank you for your understanding and appreciate your support concerning this move. With the expected synergy effects we intend to assure our shares in the highly competitive markets for the long term.

For future contact and if you have any questions or concerns, please feel free to contact

Mr Heinz Cox                                      plant manager                   ph.: 0049 (0)2831 9394-20
Mr Paul Post                                      sales support                     ph.: 0049 (0)2831 9394-22
Mr Bogdan Szymanski                    quality assurance               ph.: 0049 (0)2831 9394-29
at our sales office in Geldern.

Yours faithfully
Grashorn & Co. GmbH / Stanzwerk Pilz GmbH & Co. KG
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