“This day marks the beginning of Ziehl-Abegg’s $100-million investment into a new, cutting-edge production plant for the North American market.”, said Dr. Marc Wucherer, CEO of the fan manufacturer Ziehl-Abegg. This is the largest single investment at one location in the company’s 113-year history and is the result of the strong growth in quiet, robust,…
Electric motor manufacturer plans $18 million investment for post-Covid-19 growth
“The global markets will continue to need high-quality electric motors and fans in the future,” said Ziehl-Abegg SE’s CEO Peter Fenkl. That’s why the Künzelsau-based company is now investing $18 million (16 million euros) in the expansion of its production buildings at the Kupferzell site. “The new construction project is a clear commitment to Baden-Württemberg…