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Getrag Announces Plans for Slovakian Plant

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April 16, 2004—The Getrag corporate group affiliates Getrag Getriebe 勃nd Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG, headquartered in Untergruppenbach, and Getrag Ford Transmissions GmbH of Cologne, will establish a joint manufacturing site in the Kosice region in eastern Slovakia.

Getrag Ford will build a transmission plant at this site. Getrag GmbH & Cie KG will relocate its motorbike facilities to this locations.

According to the company’s press release, overall investment will total $300 million and employ 750 individuals.