Carcoustics to set up Slovak car parts plant

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: August 19, 2013 1:54 pm ET
Updated: August 19, 2013 1:59 pm ET

Related to this story

Topics Automotive, Polyurethane, Injection Molding, Europe, Automotive parts

LEVERKUSEN, GERMANY — German manufacturer Carcoustics is planning to start producing automotive parts at its new factory in Nováky, Slovakia.

Production at the plant, which is located in western Slovakia, is scheduled to begin in September 2013, the Slovak Investment and Trade Development Agency (SARIO) said in a press release. Under the plan, Carcoustics aims to create as much as 200 new jobs in Nováky by next year.

The production facility will supply polyurethane and aluminum components for thermal insulation to a number of automotive manufacturers, according to the press release.

Local newspaper SME reported that Carcoustics invested about €5m in setting up the new plant. The facility's two production halls have a combined floorspace of some 6,900 sq. m.

Set up in 1952 and headquartered in Leverkusen, Carcoustics operates 11 plants worldwide and has a workforce of about 1,400. In 2012, the German manufacturer posted revenues of about €250m, according to figures released by Carcoustics.


Comments

Carcoustics to set up Slovak car parts plant

Jaroslaw Adamowski
EUROPEAN PLASTICS NEWS

Published: August 19, 2013 1:54 pm ET
Updated: August 19, 2013 1:59 pm ET

Post Your Comments


Back to story


More stories

Image

Sabic: Rapid demand growth led to Ultem shortage

December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for ...    More

Auto supplier M-Tek relocating headquarters

December 18, 2014 3:37 pm ET

M-Tek Inc., a subsidiary of Japanese automotive supplier Kasai Kogyo Co. Ltd., will build a new North American corporate headquarters in Murfreesboro,...    More

Image

Europe puts its 'Circular Economy' recycling effort on hold, for now

December 18, 2014 12:28 pm ET

The European Commission has withdrawn its Circular Economy initiative from its 2015 work program, and will instead replace it with “a new, more ...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Sweden's Indutrade buys Belgian packaging firm Verbeek

December 18, 2014 9:42 am ET

Sweden's Indutrade AB has purchased all the shares in Belgium's Verbeeck Packaging Group.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events