KION Group

Kion Group has built a second production hall at its site in Ostrov near Stříbro, Czech Republic, investing 800 million CZK (approx. EUR 31.4 million) in the building and technology. The 23,000 m² hall will start producing automated transport systems in spring 2018, creating 200 new jobs.

KION Group is expanding its Stříbro site in the Czech Republic with a new €7 million factory for Dematic automated conveyor systems. The 23,000 m² plant is expected to be completed in Q4 2017 and employ around 200 people.

Accolade Group is investing 600 million CZK to build a new plant for KION in Stříbro Industrial Park, Czech Republic, to manufacture conveyor systems and robotic equipment, creating about 200 jobs.

Dematic, a Kion Group company, announced plans to integrate Retrotech, Inc. into its organization as a division of Dematic North America Customer Service. Retrotech was acquired by Kion Group in March 2016. The integration is targeted for completion in 2017.

Panattoni Europe is developing the second phase of a production facility for KION Group at Panattoni Park Stříbro. The new 23,000 sqm facility will manufacture Dematic conveyor systems and create 200 jobs. KION Group is investing around EUR 7 million.

KION Group, a German forklift and warehouse technology company, has acquired Dematic, a warehouse automation provider, for $2.1 billion. The acquisition was announced on November 1, 2016.