REHAU, GERMANY (Jan. 3, 12:20 p.m. ET) — Global extruder and injection molder Rehau AG + Co. has invested 3.2 million euros ($4.17 million) to launch a new manufacturing plant in the Czech Republic to produce automotive components.
The new production facility, the German company's second unit in the central European country, formally opened in JevíÃku, south of its existing plant, late in November.
Rehau bought the plant from airbag maker Global Safety Textiles. Rehau started production with two extrusion lines and 80 workers transferred from its existing plant in Moravské TÃ ebové. That plant will focus on injection molding and assembly operations.
In 2012, the firm plans to install another five extruders and hire 120 more employees at the new site. Rehau already employs 640 in its original Czech operations.
Production at the new plant will focus on vehicle window and roof rail seals as well as other car components.
The processor, based in Rehau, Germany, also plans to open a Czech technology center in 2012 with offices at both its sites. The Czech centre will be the firm's fourth.
“We will centralize our technologists here [in Czech Republic]. They will be working on the comprehensive development of new processes and technologies for the entire eastern Europe,” explained Rehau vice president Veit Wagner.
Early in 2011, Rehau group decided to concentrate production of extruded profiles for the automotive sector in Gava in Spain and in the Czech Republic.
In 2008, the company introduced extrusion blow molding at the Moravské TÃ ebové site, opening up a new area of the market and enabling it to satisfy customer need for larger components.
Rehau employs 15,000 at 170 locations worldwide.