2024-12-20
logistics
CTP, Europe’s largest listed developer and manager of industrial and logistics properties by gross lettable area (GLA), has announced a new partnership with Grammer Jifeng Automotive Seating CZ to develop a 21,000 sqm state-of-the-art manufacturing and testing facility at CTPark Cheb in the northwest of the Czech Republic. The facility is expected to be operational by late 2025. Grammer Jifeng Automotive Seating CZ specializes in producing advanced interior components for premium car brands. The new facility will house cutting-edge laboratories, vibration rooms, testing areas, and storage facilities, all designed to meet high technological and environmental standards. The project reflects the strong partnership between CTP and the automotive interior specialist, which already leases over 72,000 sqm of space at other CTP parks across the Czech Republic. Grammer Jifeng Automotive Seating CZ represents the merger of Grammer AG and Ningbo Jifeng Auto Parts Co. Ltd., two leaders in automotive interior component manufacturing. CTPark Cheb was selected for its strategic proximity to the German border, just a 10-minute drive away. This location offers direct motorway access and close ties to Germany’s automotive sector, where many multinational car manufacturers are based. The region also boasts a skilled workforce, thanks to its industrial heritage. “This collaboration with CTP allows us to expand our capacity to meet the growing demands of our customers,” said Carsten Winkelbach, Managing Director of Grammer Jifeng Automotive Seating CZ. “Cheb’s strategic location provides seamless access to foreign markets and connections with our suppliers and customers. Additionally, this project will create up to 433 new jobs, contributing to the region’s economic growth.” CTP’s ability to adapt to Grammer Jifeng Automotive Seating CZ’s specific requirements was key to the project’s success. “The decision to build at CTPark Cheb followed detailed analysis of the area’s labour market and strategic advantages,” said Jakub Kodr, Head of Business Development for the Czech Republic at CTP. “Our approach ensures the new facility is tailored to their bespoke needs, supporting their growth ambitions.”