Despite the adverse market conditions in the mechanical engineering sector, the Crailsheim, Germany-based family-operated company Gerhard Schubert GmbH achieved remarkable growth in 2023.
With an overall performance of € 320 m and an increase in turnover of more than 9 %, the packaging machine manufacturer is proving to be extremely resilient. As part of its Mission Blue Sustainability Initiative, the company is now focusing even more strongly on the research and development of environmentally friendly packaging technologies.
The largest investment in recent years has been the completion of the new building complex at its headquarters – a showcase project not only in terms of climate protection, but also in terms of workplace design.
Schubert is clearly maintaining its leading role in the packaging industry – with steady growth for the thirteenth year in a row, even under very difficult market conditions. The Schubert Group has also continued its growth trend with an estimated overall performance of € 400 m. The Group now has around 1,700 employees, of whom some 1,200 work for Gerhard Schubert GmbH in Crailsheim.
Despite a shortage of skilled labour, the company succeeded in increasing its core workforce and, with the help of increased productivity, successfully processed 2023’s high order volume. Production and assembly capacities have also been fully utilised so far this year and the order books are full until 2025. This is an extremely favourable starting position for innovative product developments, especially as the budget for research and development in 2024 is once again the largest single budget, representing nine per cent of overall performance.