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TDK opens EUR 70M plant in Szombathely, Hungary · Endata

◂ Announcements

May 31, 2024NEW FACILITYSzombathely, Hungary

TDK opens EUR 70M plant in Szombathely, Hungary

TDK Hungary Components Ltd., a subsidiary of TDK Corporation, inaugurated a new plant in Szombathely, Hungary. The EUR 70 million investment will produce signal transmitters and sensors for the automotive industry, creating 250 jobs by 2026.

Value

$76.0M (70.0M EUR)

Jobs

250

Starts operating

31 May 2024

Status

Completed

Productssignal transmitterssensorsautomotive components

CompaniesTDK Corporation TDK Hungary Components Kft.

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“The EUR 70 million investment will create 250 new jobs until 2026”dteurope.com

1 source
dteurope.comTDK Opens New Plant in Szombathely | Diplomacy & TradeD&ampMay 31, 2024

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

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