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Daily press, 2012-06-18, 12:46 PM

ThyssenKrupp Elevator investing in the future: Neuhausen site to be expanded

ThyssenKrupp Elevator’s Neuhausen plant near Stuttgart is to be expanded into a state-of-the-art technology park. To safeguard the plant’s competitiveness both now and in the future, the Executive Board of ThyssenKrupp Elevator AG has decided to invest 81 million euros in an extensive growth plan. In addition to upgrading the production facilities and optimizing processes, the investment also includes the construction of a modern sales and customer center.

“Building a technology park in Neuhausen with around 1,200 employees will be key to implementing our growth strategy,” says Dr. Olaf Berlien, Executive Board Chairman of ThyssenKrupp Elevator AG. “Central to this will be the development center for our high-speed elevators. And our new customer center will provide the right framework for our innovative elevator systems. At the same time we will create a safe and attractive working environment for our employees.” Work will commence before the end of 2012, with the expansion of the site proceeding step by step.