Trade Resources Industry Views Dr.Schneider Group Will Spend 5 Million Euros to Open New Manufacturing Facilities

Dr.Schneider Group Will Spend 5 Million Euros to Open New Manufacturing Facilities

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German auto supplier Dr.Schneider Group will spend 5 million euros to open new manufacturing facilities in China and Mexico. "We will invest 2.5 million euros in each facility by early 2014 at the latest," CEO Klaus Fricke told Automotive News Europe."We're going to hire 100 new employees for each facility by then." Fricke said the plants answer requests from customers to expand with them in China and North America."We are following them and becoming one of the very few automotive plastics suppliers with a global production network," Fricke said. The CEO said that the supplier will start building its factory in Zacatecas, Mexico, this autumn with production set to being in spring 2013. "We are supplying our German customers in the south of the U.S.With mounting parts and fresh air nozzles and systems from Mexico," Fricke said. The Mexico plant will be affiliated with the company's U.S.Factory in Howell, Mich. Output at Dr.Schneider's factory in Liaoyang, China, starts in March. "We will launch the production of air vent systems and decorative and mounting parts, including the makeup mirror for the BMW 3 series and 5 series," Fricke said. Source: www.plasticsnews.com

Source: http://www.plasticsnews.com/headlines2.html?id=24353&channel=362
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Dr. Schneider expands in China and Mexico
Topics: Machinery