PRESS RELEASE
 
 

 

Date: January 20, 2014

HITCO Contact(s):
Dr. Leslie Cohen
HITCO Carbon Composites, Inc.
Tel: +1 (800) 421-5444    Fax: +1 (310) 970-5468

e-mail: cohen.les@hitco.com

HITCO selects Plataine software - HITCO Carbon Composites will use Plataine's Total Production Optimizer software to improve manufacturing efficiencies and throughput.

HITCO Carbon Composites (Gardena, California), a subsidiary of SGL Group – the Carbon Company, and Plataine Technologies Ltd. (Tel Aviv, Israel) have announced HITCO’s selection of Plataine’s Total Production Optimizer (TPO) trademarked FabricOptimizer software solution to improve its manufacturing efficiencies through increased material yields and manufacturing throughput at HITCO’s Gardena plant.

With this announcement, HITCO also deepens its partnership with the Israeli industry as described by HITCO’s president, Dave Kucharski: "Plataine’s solution will increase our competitiveness through tangible savings in raw material and improved throughput, and will thus help us manage rising production cost pressures. This agreement is set to be the first of many with Israeli‐based companies as we continue to develop partnerships with local best-in-class component suppliers and technology vendors.”

Plataine’sTotal Production Optimization (TPO) solution offers composite component manufacturers a fully integrated solution for dynamic optimization and tracking of the composites structure manufacturing processes, from the freezer to the autoclave. Seamlessly integrated to the manufacturer's ERP, CAD and production floor systems, TPO creates ready-to-cut production plans by optimally selecting the composite materials to use and generating the optimal production plan. TPO achieves this by matching the order due date, order quantity, actual material expiration date and size (width and length) while considering the full order plan for additional optimization opportunities. Additionally, TPO drives significant cost savings and increased productivity by offering higher material utilization, better inventory management and faster, more flexible time to market.

TPO further reduces costs by automating routine manual tasks and eliminating any errors associated with them. “We are excited about our partnership with HITCO and proud to have met their highly demanding and extensive due diligence process. Plataine’s TPO solution is the natural match for HITCO’s well‐known leadership in production automation. Their selection highlights our technological and market excellence,” says Plataine’s president and CEO, Avner Ben‐Bassat.

About HITCO Carbon Composites.
HITCO Carbon Composites, a subsidiary of SGL Group – The Carbon Company, is a leading supplier of composite structures and advanced materials primarily for the aerospace / aircraft and defense markets. Founded in 1922 and based in Gardena, California, HITCO was an early specialist in composite structures and materials.  Today HITCO continues to pursue its goal of becoming the premier Tier II Aerostructures supplier for commercial aviation, military and space applications. Additionally, HITCO has a leading global position as a supplier of high temperature materials and carbon-carbon brakes for military & commercial aircraft, high performance race cars and high value industrial applications.


About SGL Group – The Carbon Company
SGL Group is one of the world’s leading manufacturers of carbon-based products. It has a comprehensive portfolio ranging from carbon and graphite products to carbon fibers and composites. SGL Group’s core competencies are its expertise in high-temperature technology as well as its applications and engineering know-how gained over many years. These competencies enable  the Company to make full use of its broad material base. SGL Group’s carbon-based materials combine several unique properties such as electrical and thermal conductivity, heat and corrosion resistance as well as high mechanical strength combined with low weight. Due to the paradigm shift in the use of materials as a result of the worldwide shortage of energy and raw materials, there is a growing demand for SGL Group’s high-performance materials and products from an increasing number of industries. Carbon and graphite products are used whenever other materials such as steel, aluminum, copper, plastics, wood etc. fail due to their limited properties. Products from SGL Group are used predominantly in the steel, aluminum, automotive, chemical and glass/ceramics industries. However, manufacturers in the semiconductor, battery, solar/wind energy, environmental protection, aerospace and defense industries as well as in the nuclear energy industry also figure among the Company’s customers.
With 46 production sites in Europe, North America and Asia as well as a service network covering more than 100 countries, SGL Group is a company with a global presence. In 2011, the Company’s workforce of around 6,500 generated sales of €1,540 million. The Company’s head office is located in Wiesbaden/Germany.

Important note:
This press release may contain forward-looking statements based on the information currently available to us and on our current projections and assumptions. By nature, forward-looking statements involve known and unknown risks and uncertainties, as a consequence of which actual developments and results can deviate significantly from these forward-looking statements. Forward-looking statements are not to be understood as guarantees. Rather, future developments and results depend on a number of factors; they entail various risks and unanticipated circumstances and are based on assumptions which may prove to be inaccurate. These risks and uncertainties include, for example, unforeseeable changes in political, economic, legal, and business conditions, particularly relating to our main customer industries, such as electric steel production, to the competitive environment, to interest rate and exchange rate fluctuations, to technological developments, and to other risks and unanticipated circumstances. Other risks that in our opinion may arise include price developments, unexpected developments connected with acquisitions and subsidiaries, and unforeseen risks associated with ongoing cost savings programs. SGL Group does not intend or assume any responsibility to revise or otherwise update these forward-looking statements.

Press Contacts:
Corporate Communications North America / Elizabeth Breyer
Phone +1-704-593-5165 / Fax +1-704-593-5244 / Mobile +1-704-340-4797
E-mail: elizabeth.breyer@sglcarbon.com / www.sglgroup.com