China Daily

A 30-year story: Walter cutting tools in China

- By YUAN SHENGGAO

Chinese companies have developed into a major global technologi­cal driving force for industries including new energy infrastruc­ture, automotive and general machinery. With a strong and extensive manufactur­ing base, China has also become one of the most significan­t and dynamic markets for metal cutting tools in the world.

German-based Walter, one of the leading specialist­s for machining solutions for metalworki­ng industries, realized the potential of the Chinese market more than 30 years ago. Today, the Walter Chinese subsidiary has more than 270 employees in 50 cities and sees itself well prepared for the future.

Founded more than 100 years ago as a one-man-engineerin­g shop for researchin­g sintered carbide alloys and new metallurgi­cal processes, Walter, from the south of Germany, quickly developed into a full-scale company for brazed carbide milling tools.

The company now serves customers from various industries in more than 80 countries with 3,800 employees worldwide.

In China, the company has been part of the thriving industrial sector since 1993 when it opened its first Chinese site in Wuxi, Jiangsu province: Walter Wuxi Co. The Walter

China facility now manufactur­es solid carbide drills and end mills for the global market, boasting a wide spectrum of high precision computerco­ntrolled machines.

Among its workforce in China, Walter has around 110 sales engineers to constantly provide direct and quick contact with customers across the country.

Besides management and administra­tion, the headquarte­rs in Wuxi also hosts a production unit with 70 employees. Standard indexable inserts and tool bodies are manufactur­ed there.

For Walter, China is a strategica­lly important market, not only in sales but also in keeping on top of manufactur­ing and technology developmen­ts that will shape the future of major industries worldwide.

New energy vehicles and lightweigh­t materials manufactur­ing, especially aluminum alloys, are two examples. Being particular­ly fastpaced, the Chinese market for machining tools and solutions requires an agile organizati­on and mindset to actively respond to customer demand.

With its proven “Engineerin­g Kompetenz”, which means its capacity to provide technical machining solutions, Walter is uniquely positioned to grow.

The NEV industry is one of the fastest developing industries in China. In 2023, China’s NEV production reached a record 9.58 million units. Along with the advancemen­t of technology and infrastruc­ture, experts believe the new energy market will continue to grow. With this, the demand for aluminum alloy components will also rise — a beneficial trend for Walter as a leading tools specialist in nonferrous materials.

The developmen­t has led Walter to further invest considerab­le sales and technical resources into existing partnershi­ps with high-profile clients.

Zhang Zhijun, president of Walter China and board chairman of Walter Wuxi, said: “The Chinese government is rolling out some stimulus policies, and I remain cautiously optimistic about the market in the coming years.”

As an expert in the automotive component industry, Zhang joined Walter in 2022 to prepare the company’s Chinese subsidiary for the future.

He said: “We are currently working hard to meet our customers’ needs while consolidat­ing and amplifying our ‘Engineerin­g Kompetenz’. Additional­ly, we are actively developing new business opportunit­ies to be well prepared for future developmen­ts in the market.”

 ?? ?? Zhang Zhijun, president of Walter China and board chairman of Walter Wuxi
Zhang Zhijun, president of Walter China and board chairman of Walter Wuxi
 ?? PROVIDED TO CHINA DAILY ?? Walter Wuxi Co.
PROVIDED TO CHINA DAILY Walter Wuxi Co.

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