Here are a few of the most interesting AMAG statistics and facts I was able to dig up including revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
AMAG Facts
- Website: Official Website
- Year Founded: 1981
- Headquarters: Waltham, MA
- Current Chief Executive: William Heiden
- Parent Company: Covis Group
What is AMAG?
AMAG and its 6,600 or so employees are passionate about getting people on the move. We are fascinated by their individual mobility wishes and dreams. We are driven by a desire to satisfy their needs. This approach has been AMAG’s outlook since its earliest days. First imported in 1948, the VW Beetle made having one’s own car affordable for ever more sections of the population. Dreams turned into reality. People’s horizons expanded – and they enjoyed life to the full. Our founder Walter Haefner predicted all this as well as the rapid increase in mobility requirements as economic growth took off in the 1960s and 1970s. His visionary strength enabled him to make AMAG the biggest automotive company in Switzerland. (source)
AMAG Revenue Totals
AMAG annual revenue:
- 2019: $327 million
- 2018: $474 million
- 2017: $495 million
- 2016: $432 million
- 2015: $394 million
AMAG annual net income:
- 2019: $466 million net loss
- 2018: $65 million net loss
- 2017: $199 million net loss
- 2016: $2.4 million net loss
- 2015: $32 million