WALTER AG · Tübingen Germany ·(German: WAT)
Company Description
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This link will open in a new window WALTER always did have some fascination with building things out of metal when it was a babe; now it's a metalworking giant. The company manufactures and sells machining systems and metal-cutting tools. Its tool division makes carbide tools for boring, cutting, milling, and turning. WALTER also produces a line of tool data management software to aid in project planning and production. Founded in 1919, WALTER has operations worldwide. Sandvik AB owns about 96% of the company and groups WALTER under its Sandvik Tooling segment. WALTER has gathered Sandvik's PROTOTYP and TITEX brands under its corporate banner in the interest of joint global marketing and sales. To read the full description, subscribe now.
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Key WALTER AG Financials
| Company Type | Subsidiary - German: WAT Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $200.0 |
| Employees | 1,300 |
WALTER AG Executives
6 executives listed for WALTER AG's Tübingen, location.
| Title | Name & Bio | Contact |
| President | Peter Witteczek | Network |
| VP Finance | Gunnar Båtelsson | Network |
| VP Marketing | Mirko Merlo | Network |
Competition
Competitive Landscape for WALTER AG
The US economy heavily influences business spending for software products. The success of programming companies depends heavily on strong technical expertise. The success of packaged-software companies depends on technical expertise and good marketing. Small software companies compete mainly by developing packaged products in small niches or producing custom products for individuals. Many small companies form alliances with larger ones to market their products. The packaged software industry is capital-intensive and highly automated, with average annual revenue per worker surpassing $400,000. The custom programming industry is labor-intensive: with average annual revenue per worker of about $115,000. To read the full description, subscribe now.Top WALTER AG Competitors
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