# Honeywell expands Olomouc aerospace plant, invests nearly CZK 700 million

Honeywell Aerospace Olomouc, the largest manufacturing plant of Honeywell's Aerospace division in Europe, invested nearly CZK 700 million in new machinery and equipment, and transferred over 300 machines from Phoenix, increasing staff to over 1,000.

- Type: Expansion
- Announced: 2018-12-21
- Where: Hlubočky - Mariánské Údolí, Olomouc region, Czechia
- Value: $31.0M (700.0M CZK)
- Status: completed
- Products: aircraft engine parts, repair services for aircraft engine parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Honeywell](https://endata.com/companies/621.md)

## Sources

- [ceskenoviny.cz](https://www.ceskenoviny.cz/zpravy/1701759), 2018-12-21: "Modernizace továrny neustále pokračuje. Jenom v posledních letech investovala firma do nových strojů a zařízení téměř 700 milionů korun."

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