# Tekfor invests €10M in Schmölln plant expansion

Tekfor is investing €10 million to build a 6,000+ sqm production facility for automotive drivetrain components at its existing site in Schmölln, Germany. The expansion will create additional jobs beyond the current 300 employees.

- Type: Expansion
- Announced: 2018-08-02
- Where: Schmölln, Thuringia, Germany
- Value: $11.6M (10.0M EUR)
- Status: under construction
- Products: camshafts, connecting rods
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tekfor](https://endata.com/companies/33528.md)

## Sources

- [sueddeutsche.de](https://www.sueddeutsche.de/wirtschaft/schmoelln-automobilzulieferer-investiert-10-millionen-euro-in-schmoelln-dpa.urn-newsml-dpa-com-20090101-180802-99-396273), 2018-08-02: "Unser 2,5 Hektar großes Grundstück im Gewerbegebiet Crimmitschauer Straße bietet ausreichend Platz für den Neubau."

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