View text source at Wikipedia


TGW Logistics Group

TGW Logistics Group
Company typeGmbH
IndustryMaterial handling
Founded1969
FounderLudwig Szinicz and Heinz König
HeadquartersMarchtrenk, Wels-Land District, Upper Austria, Austria
Key people
Harald Schröpf CEO
Jörg Scheithauer CFO
Christoph Wolkerstorfer CSO
ProductsSystems integrator for automated warehouse solutions[buzzword]
ServicesSystems design, Manufacturing, Implementation, Maintenance
Revenue960 million US dollars (2019/20)
Number of employees
3,700(2019/20)
Websitehttps://www.tgw-group.com/us

TGW Logistics Group is a systems integrator of automated warehouse solutions[buzzword], headquartered in Marchtrenk, Austria. The company designs, manufactures, implements and maintains end-to-end fulfillment solutions[buzzword] - including everything from goods receipt to storage and order picking to shipping. The company name TGW comes from its original German name Transportgeräte Wels.

Corporate information

[edit]
Miniload AS/RS realized by TGW

TGW Logistics Group is a holding company which has operational subsidiaries:

Among the top 20 materials handling systems suppliers published by Modern Materials Handling in 2020, TGW takes position No. 11. .[1]

History

[edit]
TGW KingDrive conveyor technology
TGW Stingray shuttle system

The company was founded in 1969 by Ludwig Szinicz and Heinz König in Wels, Austria. TGW's headquarters are based in Marchtrenk, Austria.

In 1987 the company opened its first subsidiary (TGW Transportgeräte GmbH) in Siegen (Germany). In 2001 TGW Systems Inc. was founded as a subsidiary in the United States. 2010 TGW opened offices in France and Sweden. In 2012 the company opened offices in China, Switzerland and Denmark. In 2015 TGW opened another manufacturing site in Changzhou (China) followed by additional offices in Rosendaal (the Netherlands).

In 2014 TGW acquired the material handling software company 'Klug GmbH'. Two years later 'CHM Automatisierungstechnik' became part of TGW - today known as 'TGW Robotics'. The company is specializing in robotics and automation technology.

In 2018 TGW opened its new headquarters 'TGW Evolution Park' in Marchtrenk, Austria. The five-story office building encompasses 248,000 square feet and offers amenities such as a company restaurant, a gym, a multi-functional activity garden and an on-site childcare facility.

In the 2019/20 fiscal year the company generated revenues of 960 million US dollars and employed more than 3,700 people.

References

[edit]