WHO WE ARE WHAT WE DO WORKING TOGETHER NEWS CONTACT Passion for Transparency. Headed for expansion with a broadened portfolio: automotive supplier PMG to reposition itself Füssen, August 31, 2021: International automotive supplier Powder Metal Goldschmidt (PMG) is reaffirming its claim of actively shaping the automotive industry's transformation and continuing its growth. To this end, the company is diversifying its portfolio and tapping additional powder metallurgy segments. PMG also plans to enter other areas of the automotive industry in the future. As an expression of the change within the company, PMG has been presenting itself with a new corporate identity and the brand message "Passion drives us." at www.pmgsinter.com. Far-reaching change in the automotive industry The automotive industry is undergoing far-reaching structural change. More and more countries are deciding to phase out the internal combustion engine, and new drive technologies are becoming increasingly important. E-mobility, networked driving, new mobility services and new materials are only some of the stages of the way to a sustainable, smart and secure mobile future. This change poses major challenges for many automotive manufacturers and suppliers. PMG to expand with diversification strategy Globally active automotive supplier PMG intends to actively shape this change. The company, which was founded in Füssen (Germany) in 1960 and has around 1,400 employees and eight plants on three continents today, has been one of the leading suppliers of innovative powder metal solutions for decades. PMG is committed to further growth and is expanding its strategic focus to achieve it. The company's diversification strategy, for instance, envisages a broader product portfolio both in powder metallurgy and in additional segments within the automotive industry. Product innovations and e-mobility as growth drivers In addition to existing business, product innovations are growth drivers for PMG. On occasion, the company has received orders for powder metal products from segments on which it had not even focused previously. Thus, PMG is driving its organic growth through both existing and newly developed products. The new orientation is also accompanied by a stronger focus on electromobility. For instance, PMG develops powder metal components for electric motors, electrically powered axles and alternative drive systems. Initial powder metal products for special hybrid transmissions (DHT) already entered series production. New corporate identity with the brand message "Passion drives us." To make its own further development and explicit course for growth visible to the outside world, PMG is now presenting itself with a new corporate identity. The new claim "Passion drives us." refers to the core of the company’s brand identity. The further developed logo still visualizes the sintering process in powder metallurgy while also symbolizing the fusion of different processes and the productivity of cooperation in global partnerships. The new vision substantiates the company's ambition: "We are the preferred global partner for today's and tomorrow's powder metal and automotive solutions." The launch of the new corporate identity also included the go-live of PMGs completely redesigned website at www.pmgsinter.com. PMG CEO Dr. Gutes: "Actively shaping change with Passion, flexibility and efficiency." Dr. Marius Gutes, CEO of PMG, believes the company is well positioned: "As a highly specialized automotive supplier with a passionately dedicated workforce, we have both profound experience and extensive innovation know-how. This enables us to develop solutions for our long-standing clients and new customers alike to support them cost-effectively and sustainably with their current and future challenges," stated Dr. Gutes. "This change is a chance," continued Dr. Gutes. 20210831_PMG_Press_release WHAT’S IMPORTANT? News from the PMG Group. November 18th, 2021 WORLD DESIGN FOR INGENIOUS SHOCK ABSORBING The twin tube damper of PMG was stablished in the 90s and nominated by the PMG-partner ZF for World Design... October 8th, 2021 IDEPA 2021 BUSINESS GROWTH AWARD FOR PMG ASTURIAS According to IDEPA, the jury of the 2021 Awards for Business Impulse underlines the sustained increase in highly specialized employment... July 15th, 2021 PMG SHANGHAI RECEIVED "EXCELLENT SUPPLIER AWARD" FROM DPT On July 15th, PMG Shanghai received the "Excellent Supplier Award" at DPT Supplier Day. Dongfeng Dinsin Powertrain Technology Co., Ltd.... July 13th, 2021 PMG PARTICIPATION IN TMC2021, SHANGHAI TMC is one of China´s most influential transmission and drive technology conferences, aimed at leading technology direction, improving R&D capability... June 28th, 2021 SHAPING CHANGE. A NEW CORPORATE IDENTITY FOR PMG. PMG has been presenting itself with a new corporate identity since June 2021. Through a new logo and corporate design,... June 15th, 2021 PASSION FOR PRIVATE LIFE. PMG SUPPORTS EMPLOYEES ON THE WAY TO RETIREMENT. With a new project, PMG Polmetasa supports employees who enter retirement. In three-day workshops, PMG employees can learn how the... How can we support you? Let's start with a conversation about your challenges. YOU ARE WELCOME WHO WE ARE Vision/Mission People Locations Sustainability Compliance WHAT WE DO Products Processes WORKING TOGETHER Jobs NEWS CONTACT LEGAL Legal Notice Privacy Policy Global Quality/HSE Policy Purchasing Conditions VISIT US Hi! 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