In this timeframe, MTL has firmly established itself on the market as an experienced producer of core shop machines for foundry customers. Our investment in this operation has borne fruit with an expansive office space spanning 900 m² and a state-of-the-art workshop covering an impressive 2000 m².
But our impact goes beyond numbers and dimensions. MTL has become an integral part of the local community, opening its doors to local schools for open-day experiences and offering internships to budding technical talents from nearby schools.
Our journey would not have been possible without the dedication and enthusiasm of our 26-strong workforce. They are the heart and soul of MTL, driving our growth and innovation. We are excited to announce that we are actively seeking new talent to join our team across various roles – be it technical, administrative, or sales.
Our commitment to innovation continues with the ongoing development of cold box/inorganic core machines, focusing on producing cores for automotive components like aluminum subframes. We're also proud to serve niche markets with our Hot Box/Shell machines.
While we've made waves across Turkey, Mexico, UK, Italy, France, our gaze is set on the horizon. Our future target markets include Germany, Scandinavian countries, and expansion within Eastern Europe.
Through the challenges of the COVID-19 pandemic, MTL has shown resilience and determination. After a temporary dip in sales, we are back on a robust growth trajectory, aiming for a turnover of 8 million euros in 2023, 10 million euros in 2024, and an impressive 14 million euros by 2025.
We are immensely proud to be a wholly owned subsidiary of Suzhou Mingzhi Technology Co., Ltd., a trailblazer in core shop equipment and precision sand cores since 2003. Our commitment to technology and innovation continues to drive us forward.
Thank you for being part of our journey! Here's to many more years of success, innovation, and community engagement.