The foundation stone has been laid for Brose’s second factory in Prievidza, Central Slovakia.
“The new location in Prievidza is an important step towards implementing our European production strategy. The decision to open a second production facility in Slovakia is not only an investment in the future of our company, but also a sign of our commitment to Slovakia,” said Thomas Spangler, chief technology officer Brose Group. The automotive supplier has manufactured window regulators and door systems at its location around 20km from the Slovakian capital of Bratislava for 14 years.
“The first stage of expansion in Prievidza will be the production of electric motors and drives, liftgate systems and window regulators for companies like the Volkswagen Group, Daimler, BMW, Ford and General Motors,” said Axel Mallener, general manager Brose Bratislava and, in the future, Brose Prievidza. The mechatronics specialist is spending EUR50m (US$56.04m) on plants and buildings here and plans to create 600 jobs in the first five years of operation.
“Brose sees potential for even more growth in Prievidza, provided the cooperation between our company and the Slovakian government continues to be so close and fruitful.”
The supplier has continued to expand its development and production capacities in 2015 and is planning on spending EUR1bn worldwide over the next three years. In addition to increasing the already strong presence in Asia and North America, a significant share of the funds will also go to the expansion of European locations.