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Schaeffler AG Industriestraße 1-3 91074 Herzogenaurach, Germany http://www.schaeffler-group.com
Contact Ms Jasmin Löffler +49 9132 8285594
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Schaeffler AG

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

The Schaeffler Group Boosts the Manufacture of Automobile Products

(PresseBox) (Svitavy/Prague, )
  • 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 Group's new manufacturing plant in Svitavy will provide a significant boost to the company's sustainable growth in Eastern Europe. The foundation stone was laid yesterday to mark the start of construction on the new manufacturing hall in Svitavy's 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 Lanškroun 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 Goláň, plant manager at INA Lanškroun. Mr. Goláň 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 Schaeffler's 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 yesterday's ceremony to mark the laying of the foundation stone in Svitavy was attended by Schaeffler's Chief Operating Officer Oliver Jung, INA Lanškroun's plant manager Jan Goláň, and the Czech Republic's President Miloš 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 Netolický, district commissioner for Pardubice, and by David Šimek, mayor of Svitavy.

Production at the new Svitavy plant

The thermal management module (TMM) controls thermal conditions during engine operation 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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Schaeffler AG

The Schaeffler Group is a leading global integrated automotive and industrial supplier. The company stands for the highest quality, outstanding technology, and strong innovative ability. The Schaeffler Group makes a key contribution to “Mobility for tomorrow” with high-precision components and systems in engine, transmission, and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications. The technology company generated sales of approximately EUR 12.1 billion in 2014. With around 84,000 employees, Schaeffler is one of the world’s largest family companies and, with approximately 170 locations in 50 countries, has a worldwide network of manufacturing locations, research and development facilities, and sales companies.

INA Lanškroun, s.r.o. (Ltd.) manufactures injection molding machines, components for the automobile industry, and replacement parts for the further production of bearings, and is a Schaeffler Group company that currently employs 650 people in its facilities (www.schaeffler.cz).

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.