# Trimet to invest €50M in Harzgerode foundry expansion

Trimet Automotive is building a 6,500 sqm hall at its Harzgerode foundry to increase production capacity. The €50 million investment with partner Schlote will create around 100 jobs by 2019.

- Type: Expansion
- Announced: 2017-03-30
- Where: Harzgerode, Saxony-Anhalt, Germany
- Value: $54.0M (50.0M EUR)
- Jobs: 100
- Starts operating: 2019
- Status: announced
- Products: aluminum die-cast components, aluminum clutch housings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Trimet Automotive](https://endata.com/companies/16960.md)
- [Schlote](https://endata.com/companies/16961.md) (partner)

## Sources

- [goslarsche.de](https://www.goslarsche.de/Nachrichten/Giesserei-investiert100-neue-Arbeitsplaetze-551999.html), 2017-03-30: "Der Ausbau des Trimet Standorts ist ein weiteres gutes Zeichen für den Wirtschaftsstandort Sachsen-Anhalt"
- [foundry-planet.com](https://www.foundry-planet.com/d/trimet-expands-harzgerode-location/), 2017-04-26: "The expansion of the TRIMET plant is a further positive sign for Saxony-Anhalt as a business location."

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