Groundbreaking ceremony for new site in China
On Tuesday, June 18, Isabellenhütte celebrated the groundbreaking ceremony for a new production plant in Jiangsu Province, China.
Together with representatives of the local government and project partners, Holger Spiegel, CEO of Isabellenhütte Heusler GmbH & Co. KG and Ladislav Varga, Managing Director of Isabellenhütte in China, cut the first sod at the new site. Dr. Felix Heusler, CFO of Isabellenhütte Heusler GmbH & Co. KG, named this "another step towards building meaningful relationships".
With a total area of around 7500 sqm spread over three floors, the new production site will open up more opportunities on the Asian market. In addition to the planned production area of over 5000 sqm, a further 2000 sqm is planned for administration and technical facilities.
The new plant is intended to establish a separate, independent value stream in order to respond as quickly as possible to developments in the local market, ensure quality standards and serve local customer needs.