Hiteco expands production and research capacity to support growth

The Italian company Hiteco, which specialises in high-tech mechatronic components for machine tool manufacturers, recently inaugurated its new production facility in Rimini, Italy. This major investment marks an important step in the company's growth strategy, tripling the available space and allowing a significant expansion of the product and service range.

With a turnover of around €40 million by the end of 2023, Hiteco has positioned itself as one of the world's leading manufacturers of high-tech components for CNC machines. The new facility, covering a total area of 9,000 square meters, will allow the company to increase its production efficiency and step up its research and development activities.

There is a strong focus on innovation, with projects focused on developing new digital services, IoT solutions and smart products equipped with artificial intelligence algorithms. Hiteco also aims to expand its product range for the stone, glass and metal processing sectors, aligning with the concept of Industry 5.0.

Current industry challenges such as energy efficiency and digital transformation are being addressed through innovations such as the Energy Recovery System (ERS), which enables the recovery of 14.5% of energy generated by components. In addition, Hiteco has developed digital services linked to the Hiteco Connect IoT system.

It is important to note that Hiteco is part of SCM Group, a global leader in technologies for processing a wide range of materials. This affiliation gives Hiteco access to additional resources and a privileged position within a broader industry ecosystem, which can accelerate innovation and the development of new products tailored to industry needs.

For the woodworking industry, this expansion could mean access to more advanced and efficient machine tool components, which could lead to increased productivity and production quality. However, it remains to be seen how Hiteco will manage the potential challenges of integrating new technologies into its customers' existing processes, and how it will provide the necessary support for the adoption of these innovations.

In conclusion, Hiteco's expansion represents a significant opportunity for the woodworking industry to benefit from state-of-the-art technologies. However, long-term success will depend on the company's ability to respond to the changing needs of the market and provide solutions that bring tangible benefits to its customers.