GKN PLC

Annual Report and Accounts
for the year ended 31 December 2007

 

OffHighway Highlights

Andrew Reynolds Smith - Chief Executive OffHighway and Powder Metallurgy

GKN OffHighway designs, manufactures and distributes a wide range of products and systems for the agricultural, construction and mining, and industrial machinery markets.

It is the leading global supplier of off-highway wheels, agricultural power take-off shafts, and high speed shafts for construction and mining equipment.

A service and distribution business supplies GKN’s and other manufacturers’ products to aftermarket wholesalers and distributors.

View OffHighway full review

Sales* £419m (2006 – £353m) - 10% of Total Group Sales. * on a management basis Trading Profit* £29m (2006 – £25m) - 9% of Total Group. * on a management basis

Wheels produced for agriculture, construction and mining equipment

The Caterpillar 988H wheel loader
GKN Wheels plant in Liuzhou, Southern China

01 GKN OffHighway is one of the world’s leading producers of wheels for agricultural, construction and mining equipment with manufacturing facilities in the US, Europe and China.

02 The Caterpillar 988H wheel loader uses high performance driveshafts and wheels from GKN’s OffHighway division.

03 GKN OffHighway has strengthened its potential in Asia Pacific through the acquisition and integration of a wheels plant in Liuzhou, Southern China. The photograph shows the workforce and divisional management at the official opening ceremony.

Milestones achieved in 2007

February

Official opening of GKN Wheels Liuzhou, Southern China

The opening was attended by leaders from GKN, the Liuzhou Government and the British Consul General. The factory is the first British investment in Liuzhou and will contribute to the division’s strategy to be a leading wheels supplier in Southern China.

February

First deliveries of agricultural gearboxes from Shanghai factory

Deliveries of the first agricultural gearboxes from the new Shanghai facility were made to European customers. It is anticipated that this business will expand helping GKN to consolidate its market leading position.

November

Advances in agricultural machine technology showcased

The new Hydromech gearbox together with unique hydraulic axles and tractor attachment systems were showcased at the Agritechnica show in Hanover, Germany. The gearbox, which features a continuously variable speed drive capability, has been introduced on a range of European harvesters.

December

GKN Wheels Telford receives prestigious John Deere Partner Status Award

GKN Wheels continued to reinforce its position as the leading supplier of wheels to the off-highway market with the achievement by the Telford plant of Partner Status with John Deere, the world’s largest manufacturer of agricultural machinery.

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