Nexteer to build another plant in Tychy

Nexteer Automotive has begun the construction of its new PLN 25 million worth plant with a total space of 10,000 sqm in Tychy. Initially, the premises will serve as a warehouse, however, subsequently, it will be equipped with machinery needed for assembly of electric power steering (EPS) systems. "In 2014, car sales grew in Europe for the first time since many years, which translated into an increased demand for EPS systems. The fact that since 1999, we have already produced 30 million electrical systems globally and demand for them continues to grow buoyed our decision to continue to invest in EPS technology and thus in new facilities," said Dariusz Bizacki, director of the already existing plant in Tychy. The company highlights that half of the 30 million EPS systems sold globally were produced in factories in Gliwice and Tychy.