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TRUMPF Posts Record Revenue in its Anniversary Year

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TRUMPF Posts Record Revenue in its Anniversary Year


Ditzingen, Germany July 20, 2023 – In its centennial year, the TRUMPF Group generated considerable revenue growth. Based on preliminary calculations, revenue in the fiscal year 2022/23 (balance sheet date June 30, 2023) came in at 5.4 billion euros (fiscal year 2021/22: 4.2 billion euros).

Nicola Leibinger-Kammüller, Chief Executive Officer (CEO) of TRUMPF

In the domestic market of Germany, revenue rose sharply by more than 30 percent to some 770 million euros (previous year: 589 million euros). In the U.S., TRUMPF continued the strong growth of the previous year, posting revenue of some 900 million euros (previous year: 649 million euros). The strongest Asian market was China with revenue of some 600 million euros (previous year: 575 million euros).

Furthermore, German high-tech company TRUMPF is starting the new fiscal year with a bulging order book: incoming orders once again surpassed the five-billion-euro mark at 5.1 billion euros, but were down by some 9 percent on the peak level of the previous year. (Fiscal year 2021/22: 5.6 billion euros).

Nicola Leibinger-Kammüller, Chief Executive Officer (CEO) of TRUMPF, remarked: “Despite ongoing difficult conditions, we achieved an outstanding fiscal year in our centennial. Nevertheless, we have been witnessing a decline in orders in recent months due to the global economic slowdown. As such, we are entering the new fiscal year with due caution in spite of a solid order book.”

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The TRUMPF Group’s headcount has now risen to around 17,900, including some 8,800 employees in Germany as of 6/30/2023, approximately 5,800 of whom work at the company’s headquarters in Ditzingen.



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Cleveland, OH

Ohio City burglary suspects wanted by Cleveland police

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Ohio City burglary suspects wanted by Cleveland police


CLEVELAND, Ohio (WOIO) – Ohio City burglary suspects are on the loose, Cleveland police confirmed, and detectives need help identifying them.

Police said the burglary happened on Nov. 7, but did not specify where or at what time.

The suspects were only described by police as males, and police did not confirm how many.

Take a close look at the surveillance photos of the suspects and the van involved shared by the Cleveland Division of Police Second District Community Relations Committee:

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Ohio City burglary suspects wanted by Cleveland police(Cleveland Division of Police Second District Community Relations Committee)
Ohio City burglary suspects wanted by Cleveland police
Ohio City burglary suspects wanted by Cleveland police(Cleveland Division of Police Second District Community Relations Committee)
Ohio City burglary suspects wanted by Cleveland police
Ohio City burglary suspects wanted by Cleveland police(Cleveland Division of Police Second District Community Relations Committee)

Call Det. Murphy at 216-623-5217 if you recognize the suspects or the van, or have any other information on this burglary.



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Cleveland, OH

Jeanne Frances

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Jeanne Frances



Jeanne Frances


OBITUARY

Jeanne Frances (nee Hoy), 84, of Cleveland, passed away November 20, 2024, surrounded by her loving daughters. Born to John J. and Catherine M. Hoy, Jeanne was the only daughter in an active, rambunctious family raised on Cleveland’s west side. “Jinxie” was athletic and loved the outdoors. While earning her RN, she met her future husband and they raised their family in Lorain County. Jeanne was a lover of truth, beauty, and fairness; her family, the Guardians, and the Browns. She was an avid reader, tackling challenging spiritual authors like Thomas Merton and enjoying murder mysteries. Jeanne was a wonderful watercolor artist, as well as poet, an activity encouraged at St. Augustine Towers, Cleveland, where she spent her final years.Jeanne is survived by daughters: Catherine Manzo, Regina (Jeff) Anderson, Rebecca (John) Schaly, Jennifer Fitzgerald; seven grandchildren: Paul (Susan) Paterson, Nicole (Jacob) Double, Adam (Mikaela) Schaly, Benjamin (Carissa) Pluta, Rohun Agarwal, Frank C. Strasek, and Andrew Schaly; soon to be ten great-grandchildren: Nyssa Paterson; Noelle, Mariah and Laurel Double; Gianna Schaly; Magdalene, Jack and Simon Pluta; brothers and their wives: Terry & Donna, Jim & Linda Hoy; sisters-in-law: Marge Dorko Hoy, Ellen McCann Hoy, Joan McElroy, Maryann Kuchar, Sr. Charlotte Manzo, Fran Manzo Ray, Rita Manzo Adorjan Zydonis, Margie Manzo Vida; brother-in-law and his wife: John & Patty Manzo; many nieces and nephews; many friends, and the caring staff of St. Augustine’s. Jeanne was preceded in death by her parents; infant sister: Mary Kay; daughter: Jenny; brothers: Jack, Tim, and Dan; sisters-in-law: Mary Perko Hoy, Marilyn Fenley Hoy, Patsy Corcoran Hoy, Rosie Manzo Brej; brothers-in-law: Louis Adorjan, John Zydonis, Will Ray, Richard Brej, and Lou Vida.Visitation Tues, Nov. 26, 3-7PM, Rosary at 6:30PM at Craciun Berry Funeral Home, 7200 Detroit Rd, Cleveland. Funeral Mass on Wed, Nov 27, 11:30AM, St. Michael Archangel Church, 3114 Scranton Rd, Cleveland. Interment at a later date. Visit Craciun Berry website for full obituary.



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Cleveland, OH

MLB Front Office Rankings, 2024 season: No. 25, Cleveland Guardians

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MLB Front Office Rankings, 2024 season: No. 25, Cleveland Guardians


Recap: How the front office rating works

This is one in a series of assessments of the performances of front offices for the 2024 season. Each front office is given a score based on the total Wins Above Average of the players they either traded for, signed via free agency or extension, or promoted from their farm system, since the conclusion of the 2023 post-season. 

A front office’s score also includes the total Wins Above Average of players traded away or lost to free agency since the end of the 2023 post-season. The front offices are being presented in order of their total value from No. 30 (worst) all the way to No. 1 (best).

These ratings do not necessarily reflect the final standings. Front offices are measured based only on the talent they acquired or lost during the past 12 months. Players on multi-year contracts, or already under team control, don’t count toward this rating.

25. Cleveland Guardians: Chris Antonetti, President of Baseball Operations; Michael Chernoff, General Manager, -5.6.

The Guardians won 92 games this past season, doing so despite occasional front office interference, particularly on the pitching staff.

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Seeking to improve on a lackluster 76-86 2023 season, the veteran team of Antonetti and Chernoff— who have been running things in Cleveland nearly a decade—identified the starting rotation as the area most in need of support for new manager Stephen Vogt.

They were right about the problem, but wrong about the methodology in solving it.

One of the first things Antonetti and Chernoff did last offseason was allow Reynaldo Lopez to walk in free agency. Lopez, after all, had been a lightly used afterthought in Cleveland’s bullpen, making just a dozen 2023 appearances covering 11 innings.

The Atlanta Braves saw in Lopez what the Guardians’ front office failed to recognize: a front-rank starter. Lopez put together a 1.99 ERA for the Braves in 25 starts, good for +3.9 WAA.

The Guardians, who got 25 starts from only two of the 14 pitchers who took the bump to open games for them this past season, could have used Lopez’ consistency, particularly in their ALCS showdown with New York.

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Having axed Lopez, the Guardians proceeded to flesh out their roster by bringing back Carlos Carrasco, a former Clevelander most recently toiling with the Mets. In 21 starts, Carrasco went 3-10 with a 5.64 ERA and -2.1 WAA.

That functional swap—Carrasco for Lopez—cost the Guardians six games by itself, according to WAA.

Sep 30, 2024; Atlanta, Georgia, USA; Atlanta Braves starting pitcher Reynaldo Lopez (40) throws against the New York Mets in the seventh inning at Truist Park. Mandatory Credit: Brett Davis-Imagn Images
Sep 30, 2024; Atlanta, Georgia, USA; Atlanta Braves starting pitcher Reynaldo Lopez (40) throws against the New York Mets in the seventh inning at Truist Park. Mandatory Credit: Brett Davis-Imagn Images / Brett Davis-Imagn Images

Five most impactful Antonetti-Chernoff moves in 2023-24

Transaction

Net Impact (Wins Above Average)

Let Reynaldo Lopez hit free agency

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-3.9

Signed free agent Carlos Carrasco

-2.1

Promoted Hunter Gaddis

+1.7

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Promoted Cade Smith

+1.7

Promoted Tim Herrin

+1.2

How, then, did Cleveland manage to win 92 games and the division? It’s a good question with only a partial answer.

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Part of that answer lies in the fact that four of the Guardians’ most productive players in 2024—Jose Ramirez, Steven Kwan, Andres Gimenez and Emmanuel Clase—all were playing on contracts signed prior to the end of the 2023 season, meaning their data does not impact the 2024 Antonetti-Chernoff rating.

It’s also worth considering the team’s commitment to a bullpen-first strategy. While relievers are notoriously unreliable, and Cleveland’s commitment to them bit the Guardians badly in the postseason, it worked well for the long in-season grind. Three rookie-status system arms—Cade Smith, Hunter Gaddis and Tim Herrin—combined to produce 216 innings in support of Clase, all with sub-2.00 ERAs and solid WAAs.

Naturally, even dominant relievers affect wins above average less than an everyday position player or starting pitcher, as they just aren’t in games long enough to truly swing outcomes in tangible ways.

The Guardians also played two games above their 90-72 Pythagorean record. Beyond that, though, there isn’t a perfect explanation for the season the Guardians had. Sometimes baseball doesn’t lend itself to exact quantifiability.

For the most part, Antonetti and Chernoff played the hand they had been dealt prior to 2024. Their personnel moves only affected 42 major leaguers—a relatively modest number—and split right down the middle, half positive, half negative.

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Previous Rankings

27. Chicago White Sox, Chris Getz, -10.2

26. Oakland Athletics, David Forst, -6.8

25. Cleveland Guardians, Chis Antonetti and Michael Chernoff, -5.6

Next: 24. Detroit Tigers, Scott Harris, -5.3

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