Markus Horn appointed managing director of Paul Horn GmbH
Markus Horn has been appointed the new managing director of Hartmetall-Werkzeugfabrik Paul Horn GmbH. Together with his father, Lothar Horn, he manages the tool manufacturer’s global operations from the firm’s headquarters in Tübingen, Germany. Markus Horn has worked for the family company since January 2017, most recently as a member of the management board and head of IT.
The 36-year-old, third-generation family member says: “Our company’s proven cornerstones and successful business practices will continue to determine the way we work in the future.
“This includes having the entire value chain, from the powder to the coated tool, in our own plant. A high level of appreciation for our employees and a strong focus on customer requirements, technology and global growth will also remain at the core of our corporate philosophy.
“The future brings lots of challenges, such as new electric vehicles that involve less machining, but also opportunities such as digitalisation and networking as well as new generations of tools. We need to seize these opportunities, take advantage of them and be pioneers.”
Lothar Horn sees the future of the company in the next generation. Knowing that the company will remain a family business under the management of his son is still important to him. The long-term managing director comments: “I am sure that Paul Horn GmbH’s success story will continue under the management of my son Markus, with the same fundamental values but also with new approaches.”
Hartmetall-Werkzeugfabrik Paul Horn GmbH was founded in Waiblingen on 1st November 1969 by Paul Horn. At the time, the company was called Paul Horn Einstechtechnik. In 1981, it relocated to Tübingen. Lothar Horn joined the company in 1991 and took over the position of managing director in 1995.
Currently, around 1,000 employees in Tübingen develop and produce high precision, solid carbide tools, as well as coated carbide, CBN and diamond-tipped tool systems for demanding machining operations. In 2017, the company recorded sales of approximately 178 million euros in Germany.
Horn can be found in more than 70 countries on all continents. In addition to its production site in Germany, it also has sites in England, Italy, the Czech Republic and the USA. There are an additional 500 employees working outside Germany.
In 2016, Horn opened another building in Tübingen covering an area of 20,000 m², 12,000 m² of which was earmarked for production. As a result, the company doubled the previous production space at its headquarters. Toolholder production and coating departments as well as logistics are housed in this new building. The company also opened an additional administrative building. Investment in the two new buildings amounted to 70 million euros.
Furthermore, Horn purchased new grinding machines, additional milling centres and various other systems in 2017/2018 costing approximately 30 million euros. The investments focus primarily on technology, quality and speed of production. Customers of the precision tool manufacturer are principally companies in the automotive, aerospace, mechanical engineering, chemical, medical technology and tool and mould making industries.
Horn Cutting Tools Ltd
Tel: 01425 481880