DGAP-News: Grammer AG / Key word(s): Miscellaneous
Grammer enlarging site in Rastatt in response to strong demand
05.11.2014 / 09:45
---------------------------------------------------------------------
Grammer enlarging site in Rastatt in response to strong demand
Amberg, November 5, 2014 - Grammer AG is relocating and enlarging its
center console production facility in Rastatt, Germany. The specialist in
seating systems and automotive interiors, it is taking this step in
response to the strong demand and corresponding heavy capacity utilization
at this site. The assembly plant, which assembles and sequences center
consoles for the models of a German premium automotive OEM, is being
relocated within Rastatt and will simultaneously be gaining an additional
production line. It was not possible for the necessary increase in
production capacity to be achieved at the old facility. Grammer will have
almost twice as much floor space at its new site.
Moreover, additional employees will be recruited as a result of the
expansion.
Company Profile
Grammer AG, Amberg, Germany, is specialized in the development and
production of components and systems for automotive interiors as well as
driver and passenger seats for offroad vehicles (tractors, construction
machinery, forklifts), trucks, buses and trains. Our Seating Systems
division comprises the truck and offroad seat segments as well as train and
bus seating. In the Automotive division, we supply headrests, armrests and
center console systems to premium automakers and automotive system
suppliers.
Grammer is represented in 20 countries worldwide with a workforce of more
than 10,000 employees across its 30 subsidiaries.
Grammer shares are listed in the SDAX segment of the German Stock Exchange,
and are traded on the Munich and Frankfurt stock exchanges, via the Xetra
electronic trading platform and on the OTC markets of the Stuttgart, Berlin
and Hamburg stock exchanges.
Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
investor-relations@grammer.com
---------------------------------------------------------------------
05.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-1000
E-mail: investor-relations@grammer.com
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
295121 05.11.2014
DGAP-News: Grammer enlarging site in Rastatt in response to strong demand
| Source: EQS Group AG