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PSA Peugeot Citroen Selects Tecnomatix Manufacturing Process Management for its Powertrain Division

Business Wire, Oct 21, 2002

Business/Technology Editors

NASHUA, N.H.--(BUSINESS WIRE)--Oct. 21, 2002

Europe's 2nd Largest Automobile Manufacturer to Deploy 130 eMPower Seats as Part of its Digital Factory Initiative within its Ingenum Program

After a long and intensive evaluation process, PSA Peugeot Citroen has chosen eMPower(TM) Manufacturing Process Management (MPM) solutions from Tecnomatix Technologies (NASDAQ: TCNO), to complete the implementation of its digital factory project, the third and last phase of its Ingenum Program, for its powertrain division. Tecnomatix today reported that PSA Peugeot Citroen has placed an initial order for 30 eMPower seats as part of a global contract that includes 130 eMPower seats. They will be used for streamlining and standardizing all manufacturing operations in their powertrain division.

This initial phase comprises the eMPower Machining solution for process planning definition and engine machining-line design, and the eMPower Assembly solution for process definition and optimization of engine final assembly lines.

PSA Peugeot Citroen wants to standardize its machining and assembly work flow and processes across its powertrain division, which comprises several industrial sites, and expects a reduction of investment in equipment, machines and toolings. PSA Peugeot Citroen engineers and designers also want to benefit from the implementation of best practices and knowledge bases in a much more effective and reliable way. This will facilitate the decision-making process at all levels and will enable, at the early stages, more accurate cost estimation of projects. PSA Peugeot Citroen expects to achieve a reduction in development and production ramp-up time through a higher interaction between design and manufacturing engineers.

"Until now, we were relying on a multitude of applications and software tools that were not well integrated and did not share a common database," said Mr. Jean-Jacques Urban-Galindo, Ingenum Director for PSA Peugeot Citroen. "We looked very carefully at the offerings on the market, and after extensive evaluation, we came to the conclusion that the eMPower software suite from Tecnomatix was best at addressing our current needs for our Powertrain Machining and Assembly processes."

"As PSA Peugeot Citroen enters the final stages of its innovative and ambitious digital modeling strategy, they recognized the need for a foundation that could allow for early evaluation of manufacturing assembly times, project budgets and manufacturing costs," said Harel Beit-On, president and CEO, Tecnomatix Technologies, Ltd. "Market leaders like PSA Peugeot Citroen realize that Tecnomatix MPM solutions can provide this foundation -- streamlining operations, making them more efficient and reliable - while still managing to deliver the highest levels of manufacturing quality."

About Tecnomatix Technologies

Tecnomatix Technologies, Ltd. (NASDAQ: TCNO) is the driving force in Manufacturing Process Management (MPM). Today's leading global manufacturers are adopting MPM solutions to expand revenue potential and reduce costs by enhancing manufacturing's ability to support the business strategy of choice. These companies are using Tecnomatix eMPower MPM solutions to accelerate product introductions, shorten time to volume, and optimize production execution. eMPower enables our customers to succeed with its collaborative, open platform and applications for defining, simulating, managing, and executing manufacturing processes across the extended enterprise.

For additional information about why automotive, electronics, aerospace and other discrete manufacturing leaders -- such as BMW, Ford, GM, Mazda, Comau, Faurecia, Sanmina-SCI, Solectron, Nortel, Philips, Boeing, Airbus, GE Aircraft Engines, Lockheed Martin - have been turning to Tecnomatix MPM solutions, visit www.tecnomatix.com

About PSA Peugeot Citroen

Strengthened by its two broadline brands, PSA Peugeot Citroen is ranked number two of carmakers in Europe with a market share of 15 % in 2001. Implanted in more than 140 countries all over the world, the group sold 3,1 million vehicles in 2001, and has set a sales target of 3,5 million vehicles for 2004. Ranking number six worldwide, PSA Peugeot Citroen has enjoyed the strongest organic growth in the last four years. The group's objective is to launch 25 new models between 2001 and 2004, compared with 9 between 1997 and 2000. For more information, visit the website: www.psa-peugeot-citroen.com.

Certain statements made herein that use the words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements of the Company to be materially different from those which may be expressed or implied by such statements, including, among others, changes in general political, economic and business conditions and specifically, changes in the level of activity in the automotive industry, decline in demand to the Company's products, inability to timely develop and introduce new technologies, products and applications and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.


 

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