Getrag Announces Plans for Slovakian Plant
April 16, 2004—The Getrag corporate group affiliates Getrag Getriebe $BKV(Bnd 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 companys press release, overall investment will total $300 million and employ 750 individuals.