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ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

IGB Automotive invests €2M in Indjija plant expansion · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Sep 25, 2017EXPANSIONIndjija, Serbia

IGB Automotive invests €2M in Indjija plant expansion

IGB Automotive is investing €2 million in new equipment at its facility in Indjija, Serbia, to expand production of fan motors, with capacity of one million units per year and production starting in mid-2018.

Value

$2.40M (2.00M EUR)

Starts operating

Jul 2018

Status

Announced

Capacity

1 million fan motors per year

Productsfan motors

CompaniesIGB Automotive Bauerhin Group partner

Sectors#Automotive Components

“IGB Automotive, which has operated in Serbia for 10 years, is planning a new investment of €2m into new equipment at its facility in Indjija.”archive.cij.world

1 source
archive.cij.worldIGB Automotive invests €2m in production in Indjija |Sep 25, 2017

Summarized from public sources; check the original articles before acting on it.

More from IGB Automotive

May 20, 2022ACQUISITIONGruendau-Rothenbergen, Germany, Germany$148.0M
Lear to acquire I.G. Bauerhin for €140 million
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Nov 21, 2020NEW FACILITYLazarevac, Serbia$2.37M150 jobs
IGB Automotive to open EUR 2M factory in Lazarevac, Serbia
IGB Automotive serbianmonitor.com
Sep 22, 2017INVESTMENTIndjija, Serbia$2.40Mops Jul 2018
IGB Automotive invests EUR 2M in new fan motor production line in Indjija
IGB Automotive serbianmonitor.com
Jan 24, 2017NEW FACILITYIndjija, Serbia$4.80M600 jobsops 24 Jan 2017
IGB Automotive opens EUR 4.5 million car seat heater plant in Indjija, Serbia
I.G. Bauerhin IGB Automotive ekapija.com

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