Torqeedo GmbH, the global market leader for marine electric drives, celebrated the grand opening of a brand-new 8,300 m2 building near Munich where all company activities, including research, development, and production, will now take place. The company, its business partners, and members of the press gathered for remarks from Fabian Bez, Torqeedo's chief executive officer, and Dr Florian Herrmann MdL, Head of the Bavarian State Chancellery and State Minister for Federal Affairs and Media.
"Torqeedo is a global champion for cleantech and electric mobility on water and enriches the location with its new company headquarters. It is great that another milestone in Torqeedo's impressive company history is being written, combined with a clear commitment to the region and its people. Climate protection and zero-emission mobility are key issues in Bavaria on the way to climate neutrality, in which we are investing over 22 billion euros by 2040 with a climate protection offensive. We are proud that companies like Torqeedo are helping to open up new dimensions in sustainable mobility with innovation and a pioneering spirit," Dr Herrmann said during his welcoming address.
Bez said: "Whether by road, rail, air or water, sustainable forms of propulsion are needed to achieve the climate targets. In the transport sector, in particular, there is still a lot to be done. As Torqeedo, we recognised this trend early on and developed battery-electric drives for watercraft. Today, we are the global technology leader for zero-emission mobility on the water. We will soon produce our two hundred thousandth electric motor and have already filed more than 250 patents. Electric mobility on water, "Made in Germany" - this is what Torqeedo will continue to stand for in the future."
"Over the past year, Torqeedo has strengthened its award-winning product lineup, production capabilities and internal processes and is fully prepared to continue to lead the transformation of the marine industry. The new facility allowed us to implement lean manufacturing strategies which reduce waste, improve product quality, and ready the company for sustained, rapid growth. Torqeedo's production lines were formerly split between three remote facilities, but with the new production hall, all lines are now run side-by-side," said Bez.
The key concept of lean manufacturing is waste reduction, which increases efficiency and improves quality. Lean management concepts have also been implemented throughout the company, starting with product design and continuing through the manufacturing, distribution and after-sales support stages.