Foundation stone laying ceremony for the new Schffler plant in the Czech Republic

2015-11-05 | 000-006-407 DE-EN

SCHAEFFLER AG, SVITAVY/PRAGUE

The Schaeffler Group Boosts the Manufacture of Automobile Products

Foundation stone laying ceremony for the new Schaeffler plant in the Czech Republic

Investment of more than 92.5 million euros

Manufacturing is set to begin in third Quarter of 2016

The main product will be the thermal management module for the automotive industry

With investments of more than 92.5 million euros and the creation of 960 new jobs in a period of three to five years, the Schaeffler Groups new manufacturing plant in Svitavy will provide a significant boost to the companys sustainable growth in Eastern Europe. The foundation stone was laid yesterday to mark the start of construction on the new manufacturing hall in Svitavys industrial district. The first machines are set to begin production in the fall of 2016, and Schaeffler expects the plant to be operating at full capacity by 2019.

A large proportion of the investment will be used for the procurement of new machines, which will be set up in the existing Lan kroun manufacturing plant and particularly in the new Svitavy plant. The sum of 18.5 million euros is to be spent on the construction of the new manufacturing hall in Svitavy, explained Jan Gol , plant manager at INA Lan kroun. Mr. Gol also stated that the new plant will specialize in a particular product: The main focus will be on manufacturing thermal management modules (TMMs), for which there has recently been an extremely high demand from Schaefflers existing customers. We are also confident that we will acquire further customers as well. We supply numerous renowned car manufactures in the European and overseas.

The importance of the new jobs being created in Svitavy and the surrounding area, as well as the extraordinarily high investment being made in the new manufacturing facility, is also emphasized by the fact that yesterdays ceremony to mark the laying of the foundation stone in Svitavy was attended by Schaefflers Chief Operating Officer Oliver Jung, INA Lan krouns plant manager Jan Gol , and the Czech Republics President Milo Zeman. The President made an important point of visiting Svitavy during his three-day trip around the Pardubice region and, in taking this opportunity, was joined by Martin Netolick , district commissioner for Pardubice, and by David imek, mayor of Svitavy.

Production at the new Svitavy plant

The thermal management module (TMM) controls thermal conditions during engine op-eration and regulates the temperature for the entire drive system, which means that the internal combustion engine reaches its optimum operating temperature in a very short space of time. This is the key to achieving a reduction of up to 4 percent in fuel consumption and CO2 emissions.

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