JUMO on the Road to the Future
Securing young talent represents a challenge, while digitization is an opportunity
43 percent sales growth in the last 10 years, subsidiaries in 24 countries, and innovative products for new markets: the executive shareholders in the JUMO corporate group, Bernhard and Michael Juchheim, look toward the future optimistically.
"In the last 10 years, we managed to register notable sales growth, which also had a positive effect on our recruitment policy," explained Bernhard Juchheim. In the past year, JUMO generated about 220 million euro worldwide with around 2,300 employees.
Significant sales were made abroad. The export rate of the corporate group lies above 50 percent. "The international growth is helping us to secure jobs in Germany," continued Bernhard Juchheim.
The topic of "securing young talent" is becoming increasingly important at JUMO. With 120 trainees at the moment, JUMO's trainee ratio is much higher than the industry average.
Both executive shareholders have high expectations for the new JUMO plastoSENS plastic temperature sensor technology. This technology means that JUMO has an innovative edge that can be used to tap into new industries and markets across the world.
Michael Juchheim sees potential for further growth in the area of digitization. JUMO is taking three approaches here. "First of all, we are developing products that promote digitization; secondly, our Engineering department is supporting customers with the implementation of innovative system solutions concerning Industry 4.0. Furthermore, we are digitizing production, distribution, and communication processes at JUMO," stated Michael Juchheim.
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