DRÄXLMAIER Group

DRÄXLMAIER Group has begun construction of a new 20,000 m² building at its Timișoara plant for producing electronic components and assembling high-voltage battery systems for hybrid and electric vehicles. The first phase investment is EUR 40 million, with total investment planned over EUR 200 million and over 1,000 new jobs.

Dräxlmaier announced a EUR 200 million investment to triple production area at its Timisoara factory, adding over 40,000 sqm of production, warehouse and office space for electronic and high-voltage components. The project will create more than 1,000 jobs over the next six years.

Dräxlmaier began construction of a new production plant in Jemmal, Tunisia, with an investment of over 110 million Tunisian dinars, creating 2,500 jobs.

DRÄXLMAIER Group completed an expansion of its existing manufacturing operations in Duncan, Spartanburg County, South Carolina, investing $42.7 million and creating 460 new jobs. The expansion adds equipment for new automotive interior production demands.