FREMACH
New plant for Slovak subsidiary Fremach Trnava / Injection moulder plans to invest more than EUR 10m
Belgium’s Fremach (Dipenbeek; www.fremach.com) – a producer of plastic components for the automotive and E&E industries – plans to invest EUR 8-10m into building its own production and storage facilities in Trnava / Slovakia. Local subsidiary Fremach Trnava is to quit its current rented offices and move into the new facilities by the end of this year, a company spokesperson told Plasteurope.com.
The new 24,000 m2 site will house a storage facility as well as 38 injection moulding machines. Fremach plans to add a varnishing line and up to seven new injection moulding machines. Following the move, Fremach Trnava’s workforce of 350 could be raised by another 50-100 employees.
The Belgian group’s Slovak subsidiary manufactures sockets, fasteners and control panels, among others. Each year, Fremach Trnava processes about 6,300 t of plastics, mostly ABS, PC and PA 6.6. The company emerged as part of the former Punch Trnava, which Fremach had acquired in 2007 – the same year that the Belgian group itself was taken over by Elex Group, the holding company of Belgian businessman and politician Roland Duchâtelet. Fremach itself came into being in 1996, as a result of a management buyout of a plastics unit operating as part of the Dutch Frencken group (www.frencken.nl).
The new 24,000 m2 site will house a storage facility as well as 38 injection moulding machines. Fremach plans to add a varnishing line and up to seven new injection moulding machines. Following the move, Fremach Trnava’s workforce of 350 could be raised by another 50-100 employees.
The Belgian group’s Slovak subsidiary manufactures sockets, fasteners and control panels, among others. Each year, Fremach Trnava processes about 6,300 t of plastics, mostly ABS, PC and PA 6.6. The company emerged as part of the former Punch Trnava, which Fremach had acquired in 2007 – the same year that the Belgian group itself was taken over by Elex Group, the holding company of Belgian businessman and politician Roland Duchâtelet. Fremach itself came into being in 1996, as a result of a management buyout of a plastics unit operating as part of the Dutch Frencken group (www.frencken.nl).
20.04.2011 Plasteurope.com [219172-0]
Published on 20.04.2011