NORD on a growth drive with innovative products

  • Industry News
  • Mar 03,22
Thanks to innovative new products and comprehensive investments – the largest in the company’s history so far – the drive specialist NORD DRIVESYSTEMS increased its sales by almost 18% in 2021, compared to 2020. In 2022, customers can look forward to innovative and advanced drive solutions.
NORD on a growth drive with innovative products

Last year, NORD DRIVESYSTEMS launched four products that set new standards in the sector. A milestone is the patented DuoDrive. The innovative geared motor integrates the high-efficiency IE5+ synchronous motor into a single-stage helical gear unit housing and thus sets new standards with regard to efficiency, installation space and version reduction. The new decentralised NORDAC ON frequency inverter and the additional sizes for the IE5+ synchronous motor and the NORDAC PRO SK 500P control cabinet inverter have been developed with the focus on ultimate customer benefit and energy efficiency, and ensure significant performance increases in their application areas. As many trade fairs have been cancelled in 2021, the products have so far been presented in digital form. In 2022, live presentations will be staged.

The largest investments in the company’s history so far
Last year, NORD DRIVESYSTEMS invested in locations and logistics. In Germany, a new high-bay storage was put into operation, to ensure faster and safer customer deliveries. In Poland, a new motor factory was built, and a factory extension was completed. Also in the USA, the production capacities were further expanded, and in China, the starting signal was given for a new production plant. The completion of a new administration building at the headquarters in Bargteheide is planned for this year. The investments made in 2021 have been the largest within a year in the company’s history.

Reliable partner during the crisis
In 2021, NORD DRIVESYSTEMS generated a turnover of EUR 870 million and significantly increased the number of employees in the NORD Group to around 4,700. Sales increased by about 18% compared to the previous year. This positive economic development was not least a result of prudent investments, high innovative strength, great competence in finding solutions, worldwide presence and a wide diversification across many industries and regions.

2022 forecast
For 2022, NORD DRIVESYSTEMS looks confidently ahead. “Also in 2022, we as a company want to further grow and continuously develop new products in close cooperation with our customers. We make every effort to make the global supply chains work, and do our utmost to serve our current and future customers as well as possible,” said Gernot Zarp, Sales Manager at NORD DRIVESYSTEMS. In 2022, the company plans further investments in products and infrastructure. Among others, NORD will significantly expand its industrial gear unit portfolio.

With approximately 4,700 employees today, NORD DRIVESYSTEMS has developed, produced and sold drive technology since 1965, and is one of the leading global full-service providers in the industry. In addition to standard drives, NORD delivers application-specific concepts and solutions for special requirements such as energy-saving drives or explosion-protected systems. In the 2021 financial year, annual sales amounted to 870 million Euros. NORD has 48 subsidiaries in 36 countries and further sales partners in more than 50 countries. They provide technical support, local stocks, assembly centres and customer service. NORD develops and produces a wide range of drive solutions for more than 100 industries, gear units for torques from 10 Nm up to over 282 kNm, supplies electric motors in the power range of 0.12 kW to 1,000 kW, and supplies the required power electronics with frequency inverters of up to 160 kW. Inverter solutions are available for conventional control cabinet installations as well as for decentralised, fully integrated drive units.

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