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Mando Corporation to build new shock absorber plant in Wałbrzych, Poland · Endata

◂ Announcements

Dec 27, 2021EXPANSIONWałbrzych, Poland

Mando Corporation to build new shock absorber plant in Wałbrzych, Poland

Mando Corporation Poland announced a new investment to build a plant in the Wałbrzych Special Economic Zone producing front and rear automotive shock absorbers. The investment exceeds PLN 111 million, will create approximately 500 jobs, and the project will be completed by Q2 2022.

Value

$27.5M (111.0M PLN)

Jobs

500

Starts operating

Q2 2022

Status

Announced

Productsfront and rear automotive shock absorbers

CompaniesMando Mando Corporation Poland

Sectors#Automotive Components

“Nowy projekt firmy obejmuje utworzenie na terenie Wałbrzyskiej Specjalnej Strefy Ekonomicznej zakładu produkującego części samochodowe - amortyzatory przednie i tylne.”paih.gov.pl

1 source
paih.gov.plMando Corporation z sektora automotive po raz kolejny inwestuje w Polsce – Polska Agencja Inwestycji i Handlu S.A.Dec 27, 2021

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

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Anand Group and Mando Corp form JV for EV components in India
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Mar 22, 2021CONTRACT$1.20B
Mando wins $1.2B suspension parts order from Volkswagen
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Mar 22, 2021CONTRACT$1.24B
Mando wins 1.4 trillion won suspension parts order from Volkswagen Group
Volkswagen customer Mando supplier m.news2day.co.kr
Feb 3, 2021ACQUISITIONSouth Korea$148.0M
Mando agrees to acquire Mando Hella Electronics for KRW 165 billion
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Mar 26, 2018CONTRACTSouth Korea$22.2M
Daewoo Electronic Components signs 23.8B won contract with Mando
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