In the context of the Christian Democratic Union's (CDU) 'Future Congress' of Northrhine Westphalia on March 16th 2007 TRACTO-TECHNIK was handed over the 'CDU-Innovation Award' by the Prime Minister Dr. Jürgen Rüttgers. The Federal State Secretary of Trade and Industry, Christa Thoben, emphasized in her explanatory speech, that successful companies have to be especially creative when it comes to finding smart solutions and also require a readiness to take a risk.
TT is regarded as one of these companies. 350 existing and 30 new patents in 2006 impressively back that conclusion. In the 45-year old company history TRACTO-TECHNIK repeatedly succeeded with the introduction of new ideas and products, therefore making the company the world's market leader for soil displacement hammers. In October 2006 she saw TRACTO-TECHNIK's new small Drill for the radial installation of geothermal tubes and was enthusiastic. Her final conclusion was: 'The work you do is sub-terrestrial, but your creativity is extraterrestrial.'
Company owner Wolfgang Schmidt showed his gratitude for the award and explained, that his father, engineer Paul Schmidt, had laid the foundation for numerous new developments. TT produces special machines for the trenchless installation of pipes and cables for power-, gas-, drinking water-, sewage- and telecommunication. Another main sector is the production of tube bending and tube forming machines for the ship-, plant construction-, aviation- and car industry. And only few people know that TRACTO-TECHNIK has also been very successful for 25 years with its subsidiary RAYONEX, which produces alternative medical technology and bio resonance products.
TT's latest development is the GRD (Geothermal Radial Drilling) Technology. With this technology geothermal tubes can be installed without causing any notable damage to the surface in an economic way. TT has more than 500 employees worldwide, with 60 of them being engineers and technicians. According to a study by Prof. Hermann Simon the company is a Hidden Champion.