# Daimler builds second press shop at Kecskemét plant with HUF 50 bln investment

Daimler is building a second press shop at its Kecskemét plant in Hungary with a HUF 50 billion investment. The new facility will be built on a 23,000 sqm area and is expected to double the plant's existing pressing capacities.

- Type: Expansion
- Announced: 2020-03-14
- Where: Kecskemét, Hungary
- Value: $150.0M (50.0B HUF)
- Status: announced
- Capacity: double existing pressing capacities
- Products: pressed automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Daimler](https://endata.com/companies/3543.md)

## Sources

- [autopro.hu](https://autopro.hu/en/news/daimler-builds-second-press-shop-at-kecskemet-plant-with-huf-50-bln-investment/321352), 2020-03-14: "Daimler builds second press shop at Kecskemét plant with HUF 50 bln investment"

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