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Increased Sales and Optimized Footprint Highlight SCHOTT's U.S. Growth in 2021

SCHOTT, the inventor of specialty glass and international technology group, grew sales in the United States by 11.1% in 2021 to more than $530.6 million. It was a fruitful year in SCHOTT's most robust sales market, including an acquisition for future growth and completion of a switch to green energy.

In 2021, SCHOTT also increased its number of employees in the U.S. by nearly 100 and increased investments by almost $3 million.

"We adjusted our strategy to focus on the U.S. and activities in markets where we anticipate long-term growth. We have already recognized gains from that pivot and are well positioned to have an even better year in 2022," said Bill James, Vice President of R&D and New Ventures at SCHOTT North America. "Our optimized presence in the U.S. will bring greater innovation and add to the sterling reputation that SCHOTT has built for generations."

Globally, SCHOTT had its most successful business year in the company's history with ?2.5 billion in sales, a 13% increase in sales over 2020.

Here are more highlights from 2021 and future plans for SCHOTT in the U.S.:

Louisville, Kentucky and Vincennes, Indiana

Lebanon, Pennsylvania

Duryea, Pennsylvania

Phoenix, Arizona

Southbridge, Massachusetts

Pioneering - responsibly - together.

These attributes characterize SCHOTT as a manufacturer of high-tech materials based on specialty glass. Founder Otto Schott is considered its inventor and became the pioneer of an entire industry.

Always opening up new markets and applications with a pioneering spirit and passion ? this is what has driven the #glasslovers at SCHOTT for more than 130 years. Represented in 34 countries, the company is a highly skilled partner for high-tech industries: Healthcare, Home Appliances & Living, Consumer Electronics, Semiconductors & Datacom, Optics, Industry & Energy, Automotive, Astronomy, and Aerospace. In the fiscal year 2021, its 17,300 employees generated sales of 2.5 billion euros (US$ 3.0 billion). With the best teams, supported by the best digital tools, the group intends to continue to grow. SCHOTT AG is owned by the Carl Zeiss Foundation, one of the oldest foundations in Germany. It uses the Group's dividends to promote science. As a foundation company, SCHOTT has anchored responsibility for employees, society and the environment deeply in its DNA. The goal is to become a climate-neutral company by 2030.

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News published on 21 january 2022 at 08:35 and distributed by: