Gestamp, the Spanish multinational that designs, develops and manufactures metal parts and assemblies for the automotive industry, will open a new plant specialising in aluminium in Nitra (Slovakia).
The company is spending EUR133mon the new opening which will provide service to automotive plants, including the Jaguar Land Rover plant to be launched in the country.
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The supplier announced the move in a meeting with the Slovak minister of economy, Peter Žiga. Gestamp will undertake this investment until 2021, in turn creating 229 jobs, the group added today. The new plant, with government support approved, will start production in 2018 on a surface area covering 42,400 sq m.
The components that are manufactured are intended to reduce the weight and enhance the safety of vehicles and will mainly, over 80%, be made from aluminium. The new facility will have two 'servo press tandem' lines.
In the Visegrád region made up of Slovakia, Poland, Hungary and the Czech Republic, Gestamp currently has seven plants with 2,500 employees and booked turnover of EUR300m in 2015. The new Nitra facility will be Gestamp's eighth plant in the Visegrad region and the 10th under construction worldwide.
Gestamp is increasing its capacity in Slovakia, the 19th largest vehicle producer according to the OICA, and the country that manufacturers the most vehicles per inhabitant worldwide. The new facility joins the company's other plant in Velky Meder (Dunajská Streda District) which employs over 170 people.
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