Feuer Powertrain

Type
Business expansion
Country
Germany
Region
Thüringen; Thüringen; Nordhausen
Location of affected unit(s)
Nordhausen
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28.1 - Manufacture of general-purpose machinery
28.11 - Manufacture of engines and turbines, except aircraft, vehicle and cycle engines
70 jobs
Number of planned job creations
Job creation
Announcement Date
25 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014

Description

German crankshaft producer Feuer-Powertrain is to create between 50 and 70 jobs in Nordhausen (Thuringia) in 2014. This is due to business expansion.

Currently, the company employs 520 people in 5 production sites in Nordhausen. On the long term, this number shall rise to 750 jobs. Further sites are to be opened in Tunica (Mississippi, USA) and China.

Sources

  • 25 November 2013: Thüringer Allgemeine

Citation

Eurofound (2013), Feuer Powertrain, Business expansion in Germany, factsheet number 76236, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76236.