Fenner Launches New Strategy Focused on Global Product Families
Fenner Precision Polymers recently announced the formal launch of a new strategic realignment of the company structure. Fenner Precision Polymers' transformation is designed to benefit customers by enhancing their overall experience. Built on a new global product family approach, the realignment aims to simplify interactions, reduce complexity, and build trust across different products and regions. The global family of brands are now organized under one of three product families: Industrial Motion, High-Tech Coated Fabrics, and Air & Fluid Handling.
Fenner Precision Polymers is a recognized industry leader delivering custom engineered solutions that are backed by more than 100 years of manufacturing, technical and commercial expertise. Over that time, it cultivated a devoted customer base, many with highly specialized markets and applications, including aerospace, aggregates, data centers, distribution and fulfillment, and food and beverage processing, among others.
Vincent Peter, the managing director of the Fenner Precision Polymers business line notes, "In our determination for growth, we’ve had numerous acquisitions and divestitures over the years, resulting in multiple brands that sometimes fragment us and introduce confusion for customers and prospects. A more unified product alignment will reduce that confusion and instill trust."
In undertaking the large-scale transformation in company structure, Fenner Precision Polymers seeks to achieve three key objectives:
Greater prioritization and simplification of its work
Keeping the customer at the center of everything it does