BOGE Compressors With Additional Production Facility
Online, July 24, 2012 (Newswire.com) - Compressed air specialist BOGE planning for the future. The company plans to increase its turnover by about forty percent over the next three years. BOGE is one of the leading providers of high quality compressed air technology and is working on the comprehensive renewal of its product portfolio, including the expansion of international business in the coming years.
Since the Bielefeld-Jöllenbeck headquarters cannot accommodate this level of growth, an additional German production facility will be established in Großenhain/Saxony. "We realised that the extension of our production area was inevitable. We therefore started investigating various production locations - whereby Germany was never in doubt as the host country. Saxony appeared particularly attractive to us", says Wolf D. Meier-Scheuven, BOGE partner and Managing Director, about the decision for the new location. Managing Director Thorsten Meier adds to this: "Saxony is at the centre of Europe. This new production location positions us closer to customers in eastern Germany and in all of Eastern Europe. In this way, we will further develop our market position in those regions."
In the first construction phase ending 2013, a 5 000 m² production hall will be erected on the 30 000 m² Großenhain site. Provisional planning projects an investment of about 12.5 million Euro for the first construction phase. At least 25 new workplaces will be created in this phase. The plan is to extend the new location within the coming years, step by step.
"A total investment of more than 20 million Euro is planned in Großenhain in the longer-term, generating in excess of 60 jobs", states Meier.
Ten million Euro were last invested in Bielefeld in 2009, for extension of the assembly and logistics area. This new investment does not threaten the Bielefeld location. There is no plan to relocate existing production facilities. "The decision for Saxony in fact also further secures the Bielefeld location. The framework conditions at the new location will assist in maintaining our cost structure on a healthy level", explains Meier.
The establishment in Großenhain was supported by Wirtschaftsförderung Sachsen GmbH.
The Saxony Minister for Economic Affairs, Sven Morlok, expresses satisfaction: "We are proud of having gained a highly innovative company, boasting a tradition such as BOGE has, for Saxony. Especially companies such as these are important to Saxony as a business location - and we are actively promoting this: The Free State of Saxony offers attractive framework conditions and the necessary support."
Großenhain in the district of Meißen is located in the immediate vicinity of the regional capital, Dresden. Apart from a bustling city centre with a modern infrastructure, Großenhain also offers attractive industrial sites in rural surroundings and has optimal road and rail connections. This major district town benefits from its proximity to commercial hubs such as Berlin, Leipzig and Prague. The Dresden growth region, in addition to its technical colleges producing the necessary specialists such as engineers, can also offer a good mix of industrial firms and service providers. This high market potential offers excellent conditions for entrepreneurial success.
More information: www.boge.de