M+W Products opens in CTPark Teplice

M+W Products opens in CTPark Teplice

Published at: 2018-07-11 11:16 | Author: CIJEurope.com
M + W Products is expanding its operations in the Czech Republic by opening a new plant in the North Bohemian town of Krupka. The company has decided to create a total of 7500 sq m of space for the production of filtration ventilation units used mainly in the semiconductor, pharmaceutical and biotechnology industries. The newly completed project brings approximately 100 new jobs to the location as M + W Products continues its worldwide expansion. The company has its headquarters in Stuttgart, Germany and its subsidiaries in Teplice and Shanghai.

"The new plant in Krupka means a significant expansion of our operations in the Czech Republic. Existing spaces had no longer met the expected development of operations. The recruitment of new employees is in full swing, focusing primarily on qualified technicians to whom we can offer further professional development," says Lucie Weberová, Executive Director of M + W Products CZ, a subsidiary of the M + W Group. "We chose the Ústí region because of optimal connection to Germany, the availability of workforce and the great potential for regional development," she adds.

Peter Kolenčík of the real estate consulting company 108 AGENCY, who participated in the transaction, said, "We perceive North Bohemia as a very attractive region, as its importance continues to grow following the completion of the D8 motorway and the related development of a number of industrial parks.” CTPark Teplice is a modern warehouse and production area offering more than 80,000 sq m of lettable space. Its location within easy reach of the D8 motorway provides an optimal transport connection to Germany and other European markets.

Similar Stories:

Hillwood breaks ground on 170,000 sqm logistics center in Łódź
Hillwood is developing a new logistics center, totaling nearly 170,000 sqm of space, in Ł  »
Five new warehouses to be built for Skoda Auto's Kvasniny plant
The plan for expanding the Kvasiny na Rychnovska industrial zone where Škoda Auto produce  »
CBRE GI sells Europaring 11 logistics building in Straubing
CBRE Global Investors has sold the Europaring 11 logistics building in Straubing, southwes  »
Helios Phoenix planning new industrial project in Cluj
Helios Phoenix is set to start construction on its the fourth industrial project in Romani  »
How do you explain the fact that new investments haven’t stopped, even though employers   »
Construction has begun on Cargo City at the Budapest airport, part of a larger €160m inv   »
What would a successful year be for Panattoni Europe in the Czech Republic? For us, we   »
Romania’s logistics sector is expanding hand in hand with growing consumption and purcha   »