SEG Automotive, once the starter motor and generator unit of Bosch till sold to Zhengzhou Coal Mining Machinery Group in 2018, is building a second plant in Hungary as auto industry investment continues to pour into the country.
The global supplier laid a foundation stone for a new plant in Szirmabesenyo, about 3km (2 miles) from the existing factory built in 2003 and next to a logistics centre constructed in 2018.
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The existing factory in Miskolc makes start-stop starter motors and generators for passenger cars and commercial vehicles.
“The new plant also offers prime conditions for the future production of 48V and high voltage products,” said SEG Automotive CEO Peter Sokol.
The new plant is scheduled to be at full capacity by July 2021.
It will use ‘digitalisation’, automation and robotics to optimise process.
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By GlobalDataThe total of 45,000 sq m, including the logistics centre, gives “room for further growth” added Sokol.
Hungarian government minister Peter Szijjarto has signed an agreement with the supplier “on strategic cooperation and intensive dialogue to promote the region”.
