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Japanese Kuroda Group invests in new plant

This sends a clear signal for the Thuringian location: Jenaer Gewindetechnik GmbH, which belongs to the Japanese Kuroda Group, is investing a total of nine million euros in its new production facility and new manufacturing technologies in the city of light, Jena, with the support of the Free State of Thuringia.
At the topping-out ceremony of the new building: Wilm Schwarzpaul (left), Managing Partner EcoPARKS/Project Developer, and Dr. Olaf Pösse, Managing Director Jenaer Gewindetechnik.

At the topping-out ceremony of the new building: Wilm Schwarzpaul (left), Managing Partner of EcoPARKS/Project Developer, and Dr. Olaf Pösse, Managing Director of Jenaer Gewindetechnik. Photo: LEG Thüringen

This will allow the specialist in high-precision ball screws and gears to further modernize and grow: The company's current building is too old to meet the requirements of modern, energy-efficient production in the future. "For Thuringian medium-sized companies with their specialized products, continuous development is essential to remain competitive in the market. By investing in a new facility, Jenaer Gewindetechnik is not only modernizing its production but can also better meet the steadily growing demand," emphasizes Thuringia's Minister of Economic Affairs, Wolfgang Tiefensee, whose ministry is supporting the company with an investment grant of one million euros. This will also create modern jobs for the approximately 100 employees currently working there. The company has been manufacturing ball screw gearboxes since 1970, which are now in demand primarily in the fields of mechanical engineering, semiconductors, the optical industry, medical technology, and aerospace. (gro)

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