Despite global difficulties due to the COVID-19 pandemic, 2020 was a record year for FAE and the company achieved and exceeded the objectives set at the end of 2019. Such results were achieved thanks to growth in all the key markets where the company operates, from France and the US, but also Australia, Canada, Russia, Italy and Germany, and for all FAE product lines, from heads for tractors, excavators and skid steer loaders to tracked vehicles, evidence of the trust in FAE products across the various markets.
In 2020 there were introductions or significant updates to ten models in the Land Clearing and Construction lines.
FAE’s technology innovation in 2020 included the Bite Limiter for excavator mulchers and the introduction of the revolutionary Sonic system also on UML/EX/VT and UML/S/EX/VT forestry mulchers for excavators. The Bite Limiter technology reduces power demand and promotes a consistent working speed, guaranteeing excellent performance when mulching any type of wood. The Sonic system ensures perfect alignment of the operating machine and the FAE mulcher through automatic calibration and constantly manages the mulcher's hydraulic parameters, for a significant overall increase in productivity.
FAE's record figures in 2020 also involved human resources. The number of employees rose above 250, with 40 new hires over the last 12 months.
Finally, 2020 will also be a year to remember for FAE due to the inauguration of the new Headquarters in Fondo, Italy, introduction to the FAE brand portfolio of tracked vehicles - previously sold under the PrimeTech brand - and launch of the new logo and global brand image.
“The results achieved this year bring great satisfaction and motivation to successfully face the challenges ahead," stated FAE’s President, Diego Scanzoni. “We continue our commitment to expanding the product range and optimizing our internal structure in order to constantly improve the customer service,” he added.