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Austria is world leader for marine fibre rope

05.09.2007

Upper Austrian company Teufelberger is one of the world's top providers of fibre rope. In addition to marine fibre rope, they also manufacture steel wire ropes, strapping, and yarns and twines. 

Teufelberger AG , from Wels , Upper Austria , has taken its place among the world's top manufacturers of marine fibre rope since July 1st 2007. On July 1st Teufelberger acquired the US company New England Ropes - the largest US rope manufacturer - making Teufelberger the only company in the industry able to meet the world-wide demand for marine fibre rope. With the acquisition of this US company, Teufelberger now controls 15% of the world market for marine fibre rope, valued at 100 million euros. The marine rope sector is among the newest and smallest business areas of the 300-year-old family business. In addition to fibre rope, Teufelberger produces steel wire rope for cranes and cable cars, ropes for industry, strapping material for packaging, yarns and twines and climbing ropes. Company turnover was EUR 109m in 2006, a plus of 14%. A turnover increase of 20% is expected this year.

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