Type
Business expansion
Country
Czechia
Region
Jihozapad; Plzensky;
Location of affected unit(s)
Přeštice
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

800 jobs
Number of planned job creations
Job creation
Announcement Date
8 March 2018
Employment effect (start)
8 March 2018
Foreseen end date

Description

International Automotive Components (IAC), a leading global supplier of automotive components and systems, has officially opened its plant in Prestice for the production of premium door panels. The new location will be the company’s third operation in Prestice and will add 800 jobs more to the 1,300 already employed by IAC in the area.

Luxembourg based automotive interiors supplier IAC invested EUR 32 million into the building of a new plant in Prestice where the company plans to manufacture up to 600,000 door panels each year. IAC Group operates more than 50 manufacturing facilities in 16 countries and employs more than 22,000 people globally.


Sources

  • 8 March 2018: Finanční noviny

Citation

Eurofound (2018), IAC, Business expansion in Czechia, factsheet number 93581, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93581.