As Horsch celebrates its 30th anniversary in 2014, it has once again posted record revenues. Turnover reached 252 million Euro in 2013, up 26 million Euro from 2012 and an impressive 145% since 2010.
“Horsch has seen strong performances across the globe and here in the UK. Few agricultural machinery businesses have had such sustained growth but we are careful to grow soundly and consistently. Horsch is a family run business with farming as important as manufacturing, so steady long-term growth is in its nature and a cornerstone for both operations,” said Stephen Burcham, General Manager for Horsch UK.
Strong key markets (Germany, France, Poland, Czech Republic, UK and Ireland, Romania and Denmark) and the reinvigorated markets of Russia and Ukraine contributed to strong sales in 2013, while countries such as South Africa, where Horsch has only been operating for a few years, have seen a large sales increase.
New investments in Germany, Russia and United States
Horsch is planning enormous investments in its operations around the world. In Schwandorf, the logistic centre will have a 600,000 Euro extension and the construction of a new building for the FIT Training centre will start in spring.
In Russia, new offices, training and storage facilities has been built, while in the US the extension of the production site in Harper, Kansas has been finished and a new factory near Fargo in North Dakota will be started this summer with an investment of 15 million Euro.
New company structure
This year sees the introduction of a new company structure to prepare the company well in advance for business succession, to reassign daily management duties and to provide greater time for strategic planning. The company management board consists of the Horsch family members (Michael Horsch, Philipp Horsch, Traugott Horsch and Cornelia Horsch) as well as the managing directors Horst Keller (HorschH Maschinen GmbH) and Theodor Leeb (Horsch Leeb Application Systems GmbH). Horsch now employs more than 1,100 around the world.
