Ziehl-Abegg to invest € 28 mn for construction a building in Germany
By admin June 21, 2016 1:43 pm
Ziehl-Abegg is investing €28 million for construction of a new building at the Hohenlohe Business Park in Baden-Württemberg, Germany where EC production is to be relocated and expanded.
“We are equipping ourselves for the future,” that is the commitment from Peter Fenkl, Chairman of the Board of Ziehl-Abegg. Since worldwide demand for energy-saving fans and motors is on the increase, the Künzelsau-based company is constructing a new building for EC production in the Hohenlohe Business Park (Baden-Württemberg). Over the next two years Ziehl-Abegg will be investing a total of around 28million euros in Hohenlohe. “By doing this we are strengthening the position of Germany and Hohenlohe in particular as a production location”says Fenkl.
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