Feintool wins important contract in Europe’s hydrogen industry.
The company is tasked with the production of high-precision metal components for fuel cells and electrolyzers. This successfully marks Feintool’s entry into the European market, following the company’s nomination in China by a leading market player.
The contract, which was awarded by a renowned European company specializing in fuel cells and electrolysers, involves the series supply of several components, including high-precision flow field plates. Initially, the order volume is expected to reach several million euros per year.
Torsten Greiner, CEO Feintool, said:
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Feintool is investing in Europe’s energy future with hydrogen technology and making an important contribution to environmental sustainability.
“The new contract confirms our strategy of focusing on future markets within the green energy sector. “
Collaboration between partners
This contract comes after close collaboration with the customer, which included the development and production of prototype tools and prototype parts. It builds on the successful joint production of hydrogen components by Feintool and its partner SITEC.
While the German company SITEC contributes its expertise in industrial laser welding, Feintool produces ultra-precise components in high volumes.
The successful partnership between SITEC and Feintool is evident in our site in Taicang (China), where in 2024 series production of precision metal components for the hydrogen economy in the Asian market will start.
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Feintool wins important contract in Europe’s hydrogen industry. source
