# Schaeffler opens EUR 100 million thermal management module plant in Svitavy, Czech Republic

Schaeffler opened a new plant in Svitavy, Czech Republic, producing thermal management modules for the automotive industry. The investment is about EUR 100 million and is expected to create 900 new jobs within three years.

- Type: New facility
- Announced: 2017-10-22
- Where: Svitavy, Czechia
- Value: $118.0M (100.0M EUR)
- Jobs: 900
- Status: completed
- Capacity: 230,000 parts for three automobile manufacturers this year
- Products: thermal management modules (TMM)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Schaeffler](https://endata.com/companies/2238.md)

## Sources

- [w3.windmesse.de](https://w3.windmesse.de/windenergie/news/26459-schaeffler-werk-tschechien-mobilitat), 2017-10-22: "Investitionen von knapp 100 Millionen Euro und 900 neue Arbeitsplätze"
- [just-auto.com](https://www.just-auto.com/news/schaeffler-opens-czech-plant/), 2017-10-23: "Schaeffler has opened a EUR100m (US$117m) facility in Svitavy, Czech Republic, creating 900 new jobs within the next three years"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
