Thyssenkrupp to Invest Euro 35 Million to build Automotive Component Plant in Debrecen, Hungary

Specifications:

Name:

Thyssenkrupp to Invest Euro 35 Million to build Automotive Component Plant in Debrecen, Hungary

Location:

Hungary

Company:

Thyssenkrupp

Estimated Cost:

Euro 35 Million

Source:

thyssenkrupp.com

Introduction:

Thyssenkrupp Plans to Invest 35 Million Euros for New Automotive Component  production facility at Debrecen,Hungary. Construction will start this spring 2017.

Features:

The plant is said to be built on a 20,000 square meter site in the eastern site of Hungarian city of Debrecen. Over six million coil springs and stabilizers per year will be produced there from 2018 for customers including renowned European OEMs.

This new production plant will create around 250 new jobs at the site by 2020.

The expansion of our production capacities in Hungary is a continuation of the profitable growth strategy being pursued by our components business together with our customers, Said Karsten Kroos, CEO of thyssenkrupp’s Components Technology business area.