Nov 27, 2019 - 12:45 pm

Horiba FuelCon expands German factory

horiba-fuelcon-magdeburg-2019-01-min

About one year after the takeover by the Japanese Horiba Group, the battery and fuel cell specialist Horiba FuelCon is expanding its production site in Barleben, Germany. 250 new jobs are to be created.

By the end of 2021, approximately 30 million euros are to be invested in a new building in the Ostfalen Technology Park in Barleben, increasing the number of employees from the current 110 to 360. The new building will strengthen the company’s role as a global competence center within the Horiba Group and also advance the planned e-mobility campus. The planned office space is 3,000 square meters and the production area 7,000 square meters. “This makes us not only technologically future-proof, but also a strong employer in the region,” says Managing Director Ingo Benecke.

Horiba FuelCon – previously known as FuelCon until the takeover last year – manufactures test, manufacturing and diagnostic systems for fuel cells and batteries. In other words, products that are currently in demand in the automotive and supplier industries. “The increasing demands on vehicle manufacturers to reduce CO2 and pollutant emissions are encouraging the automotive industry to invest in battery and fuel cell technology,” says Atsushi Horiba, CEO of the Horiba Group. “Demand is growing to such an extent that we will expand our plant to meet it.”

As expected, Saxony-Anhalt’s Economics Minister Armin Willingmann (SPD) is pleased with the investment and the planned 250 new jobs. “The upheaval in the automotive industry not only entails risks, but also great opportunities that we must seize,” says Willingmann.

The University of Magdeburg is also building a “Center for Method Development” in the Ostfalen Technology Park. Together with Horiba FuelCon, IKAM GmbH and IGZ, the “E-Mobility Campus” will provide an attractive environment for companies and qualified employees.

invest-in-saxony-anhalt.com, automobil-industrie.vogel.de (Horiba interview in German)

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Found on electrive.com
https://www.electrive.com/2019/11/27/horiba-fuelcon-expands-german-factory/
27.11.2019 12:47