Business Chief Europe Magazine June 2016 | Page 98

TORNOS
designed for the micromechanics sector . Sales of the SwissNano grew in 2015 across Switzerland and beyond in Asia and the USA , cementing its reputation as the high end go-to for watch and high precision component suppliers .
New software which enables customers to communicate with and manage machines remotely ( TISIS ), touch screen user interfaces , are other ways in which Tornos is offering a point of difference in an ever-competitive space .
Continual innovation has allowed the business to target a wider range of sectors and territories beyond its core customers with its customised solutions . Hauser outlined the scope in which Tornos now operates : “ The aerospace industry is quite an attractive , demanding , intriguing business for us ,” he said . “ We also produce machines for the security sector which make locks , keys and other systems . “ In terms of markets , China is still the biggest for us to target and America is recovering on the manufacturing side , so these are two interesting propositions for us . We must also keep our position in Europe because there are a lot of machines that will need upgrading and modifying in years to come .”
It is this diversification which will ensure Tornos ’ s longevity . Despite a fall in activity in the Swiss watchmaking industry last year , the company still posted a net profit of CHF 0.9 million , with its order intake of CHF 160 million still above the CHF 152 million seen in 2013 .
98 June 2016