HUMAN RESOURCES
New shareholders duo at JOEST
Just in time for the 100th anniversary of the JOEST group (Duelmen) there is a change in ownership. Beginning of July Dr. Marcus Wirtz becomes Managing Partner in the JOEST group besides Dr. Hans Moormann. Dr. Hans Moormann remains chairman of the board who holds this position since 1999.
“JOEST has been on the road to success for years and now we are setting the course for the future at the shareholders level as well.” I am delighted that Dr. Marcus Wirtz, a long-term Managing Director of the JOEST family, is getting partner”, Dr. Hans Moormann comments on the new constellation.
Dr. Marcus Wirtz continues his career in the company: the 49-year-old started at JOEST in 2006. He established JOEST Inc. together with the german based in Chicago, USA and grew this company to a major market player in the United States. With his return to Germany, he took over the position of Vice President Sales of the JOEST group in Duelmen. Three years later, he was promoted to the position of Managing Director. He followed the footsteps of Dr. Christian Fuchs, who held this position for many years.
Now Dr. Marcus Wirtz is Managing Partner alongside of Dr. Hans Moormann – the next generation change at JOEST can come.
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My name is NOIRET Garance, I am 21 years old and I am a French student. As part of my engineering studies in 4th year in Energy Mechanics I had the opportunity to do my internship abroad at the company Joest in Germany.
In conventional exciters, the bearings are lubricated by oil mist. The gears inside the housing churn the oil into fine droplets, which are distributed within the gearbox. Only a portion of these droplets reaches the rolling bearings and provide the lubrication. Some housings have oil collection pockets on the inside. These are intended to guide the oil along the inner surfaces of the housing downwards into the bearings. However, the entry of oil into the bearings is random and the quantity is undetermined. To improve the entire lubrication, the JOEST Oil Management System has been developed.
2024 was a special year in many ways for our continuously growing JOEST group. To start, we completed the largest acquisition in our company‘s history at the turn of the year with the purchase of the MOGENSEN Group and its locations in Germany, Spain and Sweden.
Yesterday was the day: our traditional #JOESTeam Day Christmas 2024 took place, and it was an evening we will all remember. Amidst the magical, Christmas-lit backdrop of Dülmen’s market square, we came together to bring the year to a close. The ice rink, which was all ours that evening, provided the perfect stage for an exciting and entertaining curling tournament.