CAIP breaks ground on first overseas factory in Hungary

Chinese automotive supplier CAIP broke ground on its first overseas factory in Nyíregyháza, Hungary, on 18 November 2024. The facility spans 60,000 square meters with a total investment of €60 million and is expected to produce 450,000 sets of automotive interior and exterior trim products annually.

“Building a plant in Hungary aligns with our group's global development strategy.”autonews.gasgoo.com

• 1 source
• autonews.gasgoo.comCAIP starts construction of first overseas factory in Hungary | GasgooMonikaNov 20, 2024

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