Electronic component manufacturer Stego expands its headquarters

Stego, a manufacturer of electronic components, is expanding its capacity at the group’s headquarters in Schwäbisch Hall, in the German state of Baden-Württemberg.

A doubling of the warehouse volume for production has already been completed. The construction of an office building begins now. This should be completed by the end of 2023 and provide space for more than 70 employees on 1,500 square meters.

The Stego Group in Schwäbisch Hall is growing. Even during the pandemic. Almost without restraint. The growing demand for products has put pressure on material supply and logistics.

The doubling of the warehouse volume of the fully automated warehouse completed in May has brought relief here. However, the labor force, which fuels and manages growth, is also growing.

In the first half of 2022 alone, Stego’s workforce grew by 10% to now reach 150 employees. The new construction provides offices for the growing number of employees and an atmosphere conducive to efficient and creative work.

Bright and spacious offices with flexible workstations should facilitate the agile cooperation of the present.

However, relationships with customers and suppliers must also be supported. A representative showroom to showcase Stego products and services will become the center of the hospitality area to provide a suitable space to convey the company values ​​and brand promise.

A low CO2 footprint was ensured during planning. The 1,500 square meter two-storey structure is designed to the current strictest German building standard for energy efficiency, KFW 40, and includes 70 offices, staff rooms and an integrated canteen.

The photovoltaic system on the roof of the new construction is also environmentally friendly. It supplies the machines in production with sustainably produced electricity.

Elmar Mangold, Managing Director, says: “We are no longer a hidden champion. Today we want to be visible.

The positive business development of the internationally active family business gives room for this view. After all, the traditional line of business – thermal management applications – is booming all over the world.

Stego’s workforce today numbers some 220 employees, 70 of them in overseas branches. The labor needs are multiple. For example, engineers and programmers are sought after for hardware and software development.

Especially also in sales, production and logistics, however, personnel are in demand to cover the increased demands of customers. The company’s headquarters in Schwäbisch Hall controls a total of nine branches, located in Europe, the United States, Brazil and a sales office in China.

With an export rate of over 70%, internationalization is one of the keys to the company’s success. The past decade has given the company steadily increasing sales.

New products are the main driver of this development. For example, in autumn 2022, half a dozen new products will be introduced to the market at the SPS fair in Nuremberg. The focus here is the control cabinet heaters in the new loop design and the sensors for measuring status data in industrial systems.

Stego invests in the digital future. For example, the medium-sized company from Schwäbisch Hall offers an in-house developed Industry 4.0 platform for condition monitoring of industrial systems: Stego Connect.

The web-based service enables the operation of smart factories using the IO-Link protocol developed in Germany. With Plug & Connect, sensors and machines distributed in production plants are centrally configured, monitored and controlled in the cloud application.

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