Neuman & Esser Group is not a company known for sitting idle in the industries it serves. Founded in 1830, Neuman & Esser (NEA) has grown from its origins as a manufacturer of hydraulic presses, patented shearing machines and reciprocating steam engines.
Today, the company serves as a major manufacturer of reciprocating and diaphragm compressors and also provides compressor systems for all gases. The company, subdivided into four strategic business units, has more than 1000 employees across three holdings, 19 engineering and service companies in 10 countries and four production sites in Germany.
At the helm of the company is the sibling duo of Alexander and Stefanie Peters. The pair have steered the company forward amidst an evolving gas compression industry. During their tenure, which dates back to 2001, the pair strategically grew the company through decentralization, acquisitions (Andreas Hofer High Pressure in 2015), expansions (expanding its mechanical processing technology and sealing technology units) and additions (founding NEA X, the company’s digital business unit, in July 2017).
COMPRESSORTECH2 sat down with Alexander Peters during the International Rotating Equipment Conference in Wiesbaden, Germany, to discuss NEA’s growth, as well as how it has remained relevant and vibrant in the gas compression industry.
Neuman & Esser has been a major player in the gas compression market for decades. How has the company maintained its position as a top compressor manufacturer?
Being sustainable has been a big factor. We have been innovative and inventive, which has helped us be profitable over the years.
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This story first appeared in the December 2019 issue of COMPRESSORTECH2. We only publish a fraction of our magazine content online, so for more great content, get every issue in your inbox/mailbox and access to our digital archives with a free subscription. Click here for a new subscription or here to renew your current subscription.