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We want to create a sustainable future for our company. Therefore, important questions for us are, as follows: How to react to global changes? How can we remain the world leader in sheet metal testing, surface testing, materials testing and corrosion testing? How do we achieve long-lasting value creation? With our vision and corporate strategy we address these issues.

With its flat hierarchy and open mindset, Erichsen sets the course for lasting value creation through continuous growth and strengthening of our profit chain. The focus of our corporate strategy is not only to establish the Erichsen brand sustainably in our core markets, but also sharpening the focus on the respective markets. It is also planned to strengthen the growth portfolio with additional investments via projects regarding Industry 4.0, digitalization in general, and investments in our most important markets such as the USA and China. This will also be supported by expanding of our product portfolio in the areas of viscosity and corrosion. In the medium term, the annual growth rate of sales and the profit margin should also be sustainably increased.

Change is a basic principle of our life. Changes lead to new opportunities for the future in the long term, boost growth as an impetus for business decisions and create a new perspective. The digital transformation as a significant trend of our time, that shows how important it is to prepare for a paradigm shift and to promote it in the respective branch. Erichsen recognized the opportunities arising from the megatrends of digital transformation and globalization at an early stage and consistently aligned its business activities. Only if we see change as an opportunity and work together, we remain successful in the long term.

Our mission is formed by our more than 100 years old history, our Viking spirit and our values.

How do we want to be successful in the long term? And how do we position ourselves for it? Our positioning is based on global framework conditions, long-term trends, our market players and the needs of our customers and distributors around the world. In the long term, it stands for the common achievement of our goals with a double-win strategy. Focus business areas are: the automation of customer processes through the automation of our industry-specific solutions as well as digitization. Because, in product solutions in the sense of Industry 4.0 and intelligent data analytics, the added value for our customers is increasing.

To achieve this we jointly pursue the following ambitious goals:

• Strengthening our portfolio: Our goal is to focus our business on digitization and automation. We open up attractive growth areas and advance the fields of activity with high potential.
• Close to the customer: In order to be closer to our customers and markets, we want to locate business units outside Germany in the future. Erichsen has already entered the US market and enjoys great popularity there.
• Being a partner of choice for our customers: as a supplier we are looking for high-quality products to ensure the production quality of our customers, we want to be above all one thing - Preferred Supplier!
• Being an employer of choice: Without colleagues with a high level of expertise, our ambitious goals can not be achieved. Accordingly, we want to make our attractiveness as an employer more visible to the outside world in the future.

Even the best strategy is only successful if it is supported by a strong culture. At Erichsen, we therefore live and promote an entrepreneurial spirit with great freedom for ideas, as well as a culture that spurs every individual in the company to give the best in their respective positions and thus contribute to the long-term success of the company.