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StarragHeckert A.G. Country: Switzerland
Seebleichestrasse 61, 9404 Rorschacherberg, Switzerland. Phone 41-71-858-8111
www.starragheckert.com Brands: Starrag (Rigid), Heckert, SIP, DST
Listed: SWX Swiss Stock Exchange
Starrag plant (once also known as Rigid brand) in Rorschacherberg, Switzerland, dates to 1897, pioneer in five-axis milling. In 1998 it combined with Fritz Heckert plant (traces to 1885) in Chemnitz, Germany (formerly East Germany), a producer of stand-alone milling machines and machining centers. Acquired Geneva-based Société Instruments Physiques S.A. (SIP, traces to 1862), producer of ultraprecision machines and CMMs, February 2006.  New plant in Bangalore, India, launched 2011.
Values in Millions
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, CHF 199.2 -21% 252.5 -18% 306.9
M-T Revenue, CHF 199.2 -21% 252.5 -18% 306.9
Net Profit (Loss), CHF 8.1 -30% 11.5 -54% 24.8
U.S. $ Conversion Factor 0.96145 0.92362 0.92644
Total Revenue, U.S. $ 191.5 -18% 233.2 -18% 284.3
M-T Revenue, U.S. $ 191.5 -18% 233.2 -18% 284.3
Net Profit (Loss), U.S. $ 7.8 -27% 10.6 -54% 23.0
Financial Notes:
Acquires Dörries Scharmann Technology (DST) Group from bankrupt A-Tec Industries (Vienna, Austria) Jan 2011.
see:  Dörries Scharmann