The Schaeffler Group is increasing its capacity by building a new manufacturing hall in Debrecen, Hungary. The laying of the foundation stone is planned for this year and the first products are to be delivered in the second half of 2017. The project is also of great importance for the Hungarian economy.
The FAG Magyarország Ipari Kft. plant in Debrecen, which is owned by the Schaeffler Group, is to be extended. The decision is in reaction to the increasing demand for rolling bearings in Europe by building this new manufacturing hall.
The new production facilities will also be equipped with machines featuring state-of-the-art grinding technology for manufacturing rolling bearings. The production volume in the Hungarian plant will increase by approximately 50%. The number of employees will also increase by around 500 during the next few years. Schaeffler will therefore become the largest employer in the region.
Schaeffler is investing around 80 million euros in the extension of the plant. The Hungarian government is also supporting the project, which was presented last week in the Ministry of Foreign Affairs and Trade in Budapest.
The foundation stone for the extension will probably be laid in the late summer of this year. The first parts from the new production facilities are to be delivered in the second half of 2017.
The production location in Debrecen is one of two Schaeffler plants in Hungary. Around 1,400 employees manufacture mainly rolling bearings for the automotive industry at FAG Magyarország Ipari Kft. Bearings of up to 120 mm diameter are produced for the Europe region.