Linamar opens new unit at Hungary plant

Linamar Hungary, a manufacturer of agricultural and construction machinery with a growing automotive parts division, opened a new manufacturing unit of 7,600 sqm at its Békéscsaba location in southeastern Hungary.

The value of the project is over HUF 1 billion, with another HUF 1 billion worth of manufacturing equipment ready to be installed.

Canadian majority owned Linamar is investing HUF 7.6 billion in expanding auto parts manufacturing capacity in the cities of Orosháza and Békéscsaba, CEO János Ivanics said. A new 5,000 sqm unit was completed at the Orosháza factory in March.

The new units will accommodate precision auto parts manufacturing equipment, such as metalwork machinery, IT equipment, state-of-the art production lines and measuring instruments, the CEO said.

The new capacities will be immediately used to the full as the company has seen a steady increase in orders for precision metalwork and parts manufacturing from leading auto industry players since the 2008 crisis, he added. The implementation phase of the project began in August 2010; the completion date is August 1, 2012.

(source: portfolio.hu)