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Japanese Kuroda Group invests in new plant

This is a clear signal for the Thuringia location: Jenaer Gewindetechnik GmbH, which belongs to the Japanese Kuroda Group, is investing a total of nine million euros in its new business premises and new manufacturing technologies in the city of light, Jena, with the support of the Free State.
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.

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

This allows the specialist in high-precision ball screws and gears to continue modernizing and growing: The building currently used by the company is too old to meet the requirements of modern, energy-efficient production in the future. "For Thuringia's medium-sized companies with their specialized products, constant further development is necessary in order to remain competitive in the market. With the investment in a new production facility, Jenaer Gewindetechnik is not only modernizing its production, but can also better meet the steadily growing demand," emphasizes Thuringia's Economics Minister Wolfgang Tiefensee, whose ministry is supporting the company with investment funding of one million euros. This also makes it possible to create modern workplaces for the currently around 100 employees. The company has been manufacturing ball screw drives 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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