Over 100 people planned to be trained on FACTON's solutions at Behr
(Photo: http://www.newscom.com/cgi-bin/prnh/20080324/CLM010 )
Kurt Schulte, Product Line Controller for Behr was given the task to ensure that FACTON's software is launched for Behr's North America operations in the U.S. and Mexico. To accomplish this, FACTON and Schulte have arranged a "FACTON Day" at Behr.
"I need to emphasize the power and capability of the FACTON tool since it will be our future costing and reporting tool worldwide," stated Schulte. "We will have more than 100 people trained to use the FACTON database."
A world-leading product lifecycle costing (PLC) software solutions provider, FACTON can assist customers save time and money, including:
-- Shortening time to market;
-- Reducing product costs of complex goods;
-- Increasing efficiencies - through consistent software with a central
database for global use; and
-- Decreasing the chances of incurring losses after product launch.
FACTON's costing solutions analyze, simulate and optimize product costs across all departments and through all product stages - from pre-quote to end of life.
FACTON is led by CEO Martin Nehls, who co-founded FACTON in 1998 with his brother Thoralf. Nehls stated that, "FACTON is poised for growth in a market continuously seeking cost reductions, shorter product development time and overall improved processes."
"We are extremely happy to be serving Behr," said Nehls. "The auto industry and manufacturing organizations in general are facing stiffer global competition and growing cost pressures, especially in this tough economic environment." Nehls elaborated that, "We look forward to helping Behr apply our solid expertise and software solutions so they can enjoy the benefits of our costing solutions."
"FACTON has proven experience increasing efficiencies for OEMs and tier suppliers and shortening time to market," stated David Luik, Director of Sales at FACTON. "There are many manufacturers of complex goods - even international corporations - that are still using Excel files to calculate production costs. These companies are missing opportunities to more effectively identify cost drivers early on and succeed in the marketplace with profitable products."
FACTON serves a number of industries, including automotive, aerospace, manufacturing equipment, medical products and consumer goods. Among the small, medium sized and global companies that have taken advantage of FACTON's solutions include Bentley Motors, HAUTAU, Mahle, ZF, SiemensVDO Automotive, Magna Powertrain, Intier Automotive, Airbus and Brose.
With committed employees in consulting, development and support, FACTON and its partners provide industrial expertise to allow strategic decision making by customers. The database-based software solution interfaces with existing systems, including enterprise resource planning (ERP) and product data management (PDM), as well as product lifecycle management (PLM) and computer-aided design (CAD) software.
About FACTON
FACTON Inc., headquartered in Auburn Hills, Mich., is the North American operations of FACTON which was founded in Dresden, Germany in 1998. Today, the company also has locations in Potsdam, Hamburg, Barcelona and Detroit. The company currently has 70 employees in the U.S., Germany and Spain, and 475 professionals in partner organizations covering engineering, finance and information technologies. FACTON was founded by brothers Martin and Thoralf Nehls, who combine financial and engineering background and experience into practical lifecycle costing software solutions.
The two had already founded an industrial service provider, I-BN GmbH, with 120 employees and six branches. They successfully expanded the company over the following nine years. The brothers handed I-BN over to a larger player in the field of design services and have been concentrating their efforts on growing FACTON ever since. Hasso Plattner Ventures and EXTORAL have been financial investors in FACTON since 2006. The company increased its focus on international market presence in 2007. For more information, contact:
America
FACTON Inc.
Raymond D. Wagner
(248)-364-0000
Email Contact
Europe
FACTON GmbH
Katrin Becker
+49 331 97992402
Email Contact
Web site: http://www.facton.com/