11 - Press information for FORTUNE magazine

PLATIT AG is a Swiss company that manufactures and markets coating equipment for tool industry. It is the technology leader in Physical Vapor Deposition (PVD) coating technology.

PLATIT AG

Company Type: Swiss AG (private)
Foundation: 1992
Location: Grenchen, Switzerland
Management: Erich Blösch / President /, Dr. Tibor Cselle / CEO /
Industry: industrial engineering and manufacturing
Products: coating units
Sales distribution: Europe 43%, Asia 34%, America 23%
Homepage: http://www.platit.com/

Key Facts

Platit was founded in 1992. The company's headquarters are located in Grenchen, Switzerland. Research and production plants are located in Switzerland and the Czech Republic. There are 14 representatives on 4 continents.
Platit is owned and controlled by BCI Group (founded 1947), a Swiss conglomerate that focuses on products for the Swiss watch industry.

What are PVD Coatings?

PVD coatings are typically applied to cutting tools, such as drills or end mills, molds and dies, and machine components to extend their lifetime. Typical PVD coatings include TiN, TiCN, or TiAlN. PLATIT units can also deposit high-performance nanocomposite coatings, for example nACo®, nACRo®, and nACVIc®.