International Automotive Components (IAC) has officially opened its plant for 'premium door panels' in Prestice, Czech Republic. The new location will be the company's third operation in Prestice and will add 800 more skilled jobs to the 1,300 already employed by IAC in the area.
IAC says it has invested over US$40m in the new facility, which covers an area of more than 32,560 square meters (350,470 square feet).
Go deeper with GlobalData
"As the largest employer in Prestice, attracting and retaining a skilled and talented workforce is critical to ensuring the superior quality and service our customers expect from us," said Jonas Nilsson, IAC President European Region.
"Talent acquisition is a key factor in our European manufacturing strategy and our goal to further accelerate our position as the premium interiors supplier of choice for some of the most inspirational luxury vehicle brands in Germany, Sweden, and the United Kingdom."
The greenfield site is the final phase of IAC's Prestice 2 location and will enable the company to 'continue supporting its customers from a Central European location' while leveraging the strong 'employer-of-choice reputation established in the area with the Prestice 1 site, the company's centre of excellence for headliners in Europe'.
"Our new Prestice operation reflects our ongoing commitment to support our global customers with premium interior products wherever they are in the world," said IAC President and CEO Robert ("Steve") Miller. "IAC is a world leader in injection molding and the flawless launch of a 600,000 unit per year door panel program in the new Prestice 2 site is a strong foundation to pursue further growth in the region."
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
