LEONI
Expansion of wiring harness system production in Morocco
Cable and wiring harness system manufacturer Leoni (Nürnberg, Germany; www.leoni.com) is planning a total of six investment projects in Morocco. The company, which is currently undergoing extensive restructuring, recently signed corresponding agreements with Prime Minister Aziz Akhannouch.
The company intends to create a total of 7,000 jobs in the country by 2027. When contacted by Plasteurope.com, Leoni did not disclose the amount being invested.
The company intends to create a total of 7,000 jobs in the country by 2027. When contacted by Plasteurope.com, Leoni did not disclose the amount being invested.
Neoni plans to manufacture more wiring harness systems in Morocco in the future (Photo: Leoni) |
The main project is a completely new facility in Agadir in the west of the country, where 3,000 employees are to produce wiring systems for commercial vehicles. The other projects involve the extension of existing production plants close to the cities of Casablanca and Settat.
Related: Leoni gets green light for restructuring plan
At least part of the company’s production capacity could possibly be relocated due to the ongoing war in Ukraine and the disruption to production there. No confirmation of the same was given in response to Plasteurope.com inquiries. A year ago, the board of directors talked about “setting up temporary production lines in other existing facilities”, with no intention of fully relocating production.
17.07.2023 Plasteurope.com [253225-0]
Published on 17.07.2023