Fan specialist Ziehl-Abegg is investing €36 million on a modern production facility in Germany.
Chief executive Peter Fenkl explained the move saying: “The world’s markets will continue to need high-quality electric motors and fans in the future.”
The company’s Künzelsau-based company invested €16 million in the expansion of its production buildings at the Kupferzell site in the middle of the pandemic and this will be followed by a further €20 million for machinery.
“With the new building, the company is further expanding its high degree of vertical manufacture and the resilience of the supply chains here at the site, whilst also securing valuable jobs both within and beyond the region,” said Dr Nicole Hoffmeister-Kraut, minister of economic affairs of Baden-Württemberg.
Mr Fenkl said: “The year 2020 resembled a rollercoaster ride, rapidly alternating between border closures, interruptions to material supplies, falling sales and rising orders, but thanks to the commitment of each and every one of the employees, the company still succeeded in posting an increase in sales at the end of the year – followed by an order intake that exceeded all previous records. So we’re now glad that we’ve already created more space for rapid growth.”
New machines and systems that had already been ordered in spring 2020, will be arriving on a weekly basis. It is also intended to create an additional 180 jobs.
In the new building an additional 8,700m2 will be created for the manufacture of a state-of-the-art generation of energy-efficient electric motors. At the same time, Ziehl-Abegg is expanding the area of composite materials creating more space for additional injection moulding machines for composite materials.
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