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Vice Chancellor of Germany Visits TRUMPF Smart Factory

(l-r) German Vice Chancellor and Federal Minister for Economic Affairs and Climate Action Dr. Robert Habeck, TRUMPF Inc. President and CEO Lutz Labisch, and German Ambassador to the United States Andreas Michaelis

Dr. Habeck gets a hands-on demonstration of how TRUMPF's easy-to-use automated technology can help mitigate the effects of the labor shortage.

Dr. Habeck gets a closeup look at how connected manufacturing works.

German Vice Chancellor and Federal Minister for Economic Affairs and Climate Action Dr. Robert Habeck visited the smart factory of German high-tech company TRUMPF near Chicago, IL. The company provides versatile machine tools for sheet metal processing as well as industrial lasers. Discussions with the top management of the TRUMPF U.S. subsidiary centered on economic cooperation between Germany and the United States, strengthening the transatlantic partnership, the resilience of the supply chains and the digitalization of the industry. The minister was accompanied by German Ambassador to the United States Andreas Michaelis.

"Close economic ties across the Atlantic are the right recipe for developing innovative solutions for our industries," said Robert Habeck, German Federal Minister for Economic Affairs and Climate Action. "Both sides benefit when we address transformational challenges such as the digitalization of the industry together. The Smart Factory in Illinois demonstrates what successful transatlantic cooperation looks like in concrete terms. TRUMPF's automated manufacturing process shows how we can reduce the use of energy and material effectively though Industry 4.0 solutions."

The TRUMPF Smart Factory in Hoffman Estates is one of eight TRUMPF locations in the United States, the company's biggest market in terms of sales. "A strong partnership between the United States and Germany is a key to prosperity for both countries. Political and economic cooperation between the two nations opens market and growth opportunities and encourages investments on both sides of the Atlantic. Such cooperation plays a decisive role for our industry and innovative high-tech companies like TRUMPF," said TRUMPF Inc. President and CEO Lutz Labisch.

The delegation toured the smart factory and witnessed demonstrations of its digitized, connected and automated production. TRUMPF experts illustrated how they work with manufacturers on innovative approaches which save energy and material. The TRUMPF Smart Factory also shows how automation helps manufacturers to overcome labor shortages, increase their profitability and strengthen their competitiveness.

"We are honored to showcase TRUMPF's international leadership in automated and connected manufacturing technology operating at our Smart Factory in Illinois. Here in North America, we are proud to have contributed more than $1.05 billion USD in sales revenue to the TRUMPF Group's tremendous worldwide growth, and we maintain a positive outlook for business," said Labisch. "The U.S. economy remains strong, and we see continued demand for TRUMPF technology, particularly our smart factory products and services, in North America."

For more information contact:

TRUMPF Inc.

Farmington Industrial Park

Farmington, CT 06032

860-255-6000

info@us.trumpf.com

www.us.trumpf.com

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