DR. SCHNEIDER
Plans for second US automotive parts facility / Start-up timing unclear
German automotive supplier Dr. Schneider (Kronach; www.dr-schneider.com) said it is investing USD 22.5m (EUR 20m) in a new US plant in Baldwyn, Mississippi. Governor Tate Reeves noted the move would create 400 jobs in the medium term. The company did not respond to a Plasteurope.com query regarding plans for its product portfolio or when the facility is expected to come onstream, though it said it aims to start searching for employees in the coming year.

With this investment, CEO Thomas Stadelmann is implementing the decision made in early 2021 to expand production in China and the US to reduce dependency on the European market. The German supplier already has a Chinese plant in Liaoyang, Liaoning, and an American shop in Russell Springs, Kentucky, which lies some 500 km northeast of the site planned for the Mississippi facility.
06.12.2021 Plasteurope.com [249114-0]
Published on 06.12.2021
Dr. Schneider: Zweite Produktionsstätte in den USA geplantGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 25.04.2024 22:25:22   (Ref: 297052504)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp