Type
Business expansion
Country
World
Region
Location of affected unit(s)
Germany, North America
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

180 jobs
Number of planned job creations
Job creation
Announcement Date
29 October 2009
Employment effect (start)
1 January 2010
Foreseen end date

Description

On 29 October 2009, SGL and BMW announced a joint venture which will create 180 jobs. The carbon materials manufacturer and automobile producer will create two new production sites in Germany and North America. Construction of the production plants is to begin in 2010. The sites will manufacture carbon fibres to be used in the automotive industry.


Sources

  • 5 November 2009: Frankfurter Allgemeine Zeitung

Citation

Eurofound (2009), SGL/BMW, Business expansion in World, factsheet number 69808, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69808.