# Schmitz Cargobull approves €100M investment for Vreden trailer plant

Schmitz Cargobull's supervisory board approved a €100 million investment package for its Vreden factory in Germany, to build a digital and automated plant for box semi-trailers. The investment is part of Strategy 2025 to become global market leader.

- Type: Investment
- Announced: 2018-09-18
- Where: Vreden, Germany
- Value: $117.0M (100.0M EUR)
- Status: announced
- Products: box semi-trailers, refrigerated trailers
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Schmitz Cargobull](https://endata.com/companies/19067.md)

## Sources

- [refindustry.com](https://refindustry.com/news/market-news/schmitz-cargobull-investment-e100m-a-refrigerated-trailer-plant-in-vreden/), 2018-09-19: "On 18 September 2018, the Supervisory Board approved the first stage of an investment package of €100 million just for the Vreden factory."

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