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EU funding (€1,896,681): Increasing the competitiveness of European manufacturing companies by introducing an innovative single-step production process for moveable, functional multi-piece components Hor 1 Sept 2019 EU Research and Innovation programme "Horizon"
Overview
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Increasing the competitiveness of European manufacturing companies by introducing an innovative single-step production process for moveable, functional multi-piece components
In the last years, trillions of EUR added value moved from Europe to countries with favourable production factors, especially to countries with low labour-costs. To stay competitive in manufacturing, European companies have to innovate their processes to more efficiency. Due to its scalability and automation capacity, die-casting is one of the most prevalent production processes in the world leading to billions of parts each day. However, with die-casting, only rigid parts are realisable. For moveable components (like hinges), different rigid parts have to be assembled to create functionality. This value-adding step of assembling cannibalises the efficiency advantages of die-casting, making European assemblies less competitive due to higher wage costs. With INTERLOGS, LOHR has developed the worldwide first production process which allows the automated production of fully integrated moveable parts with die-casting in one single production step without the need for multi-step assembling. This leads to time saving of more than 98%, weight reduction of about 56% and costs savings of up to 60% while stability of components could be increased by factor 4. There are various application possibilities, representing a total addressable market of EUR 24.5 B€. For initial market entry, we target automotive industry valuing 3.6 B€ at a CAGR of 3.1%. The project is about scaling-up the prototype process for commercial exploitation, demonstrating large-scale working of the process and preparing initial market entry. The INTERLOGS project will not only boost the scale-up of LOHR in terms of turnover and employees but also of thousands of companies in Europe creating tens of thousands new jobs in Europe by retrieving trillions of EUR added-value.
Funded Companies:
| Company name | Funding amount |
| Lohr Technologies GmbH | €1,896,681 |
Source: https://cordis.europa.eu/project/id/873579
The filing refers to a past date, and does not necessarily reflect the current state. The latest known state is available on the following page: Lohr technologies GmbH, Heiligenhaus, Germany.
