Rockin' Rollout: Nissha Group's High-Tech Expansion in Thuringia's Waltershausen
Expansion of Nissha Group's Thuringian Facility in Japan - Japanese conglomerate Nissha Group expands operations at Thuringia location.
Let's talk about the Japanese Nissha Group's awesome expansion in the quaint town of Waltershausen, Thuringia! In a brand-spankin' new manufacturing facility, Nissha Group is now slaying it, producing mind-blowing films for the front area of electric cars. These bad boys have integrated electrical lines, heating elements, connections, and sensors that would make even Elon Musk green with envy.
The company put their money where their mouth is, investing a whopping 20 million euros in this expansion, according to the fabulous Minister of Economics, Colette Boos-John (CDU). This project was partially financed with a shiny grant of around 1.8 million euros from a fancy funding program by the federal and state governments.
"Dropping 20 million euros like it's nobody's business!"
Minister Boos-John says this move is a beacon of hope for the Thuringian supplier industry, which is currently battling some seriously tough times due to the automotive industry's undergoing change. Some sites in Thuringia are teetering on the edge, so this expansion by Nissha Group is a breath of fresh air.
The minister continued, "This growth in the automotive industry is far from over!" The industry remains a dominant force in the Thuringian economy, and the state is more than ready to jump on the bandwagon and support Nissha Group's positive journey in Thuringia.
As of now, there are around 30 companies with Japanese shareholders in Thuringia, employing roughly 5,000 individuals. Ain't that a hoot? On the flip side, six Thuringian companies are also invested in Japanese companies. The annual trade volume between Thuringia and Japan clocks in at around 450 million euros.
- Waltershausen : A small, scenic town in Thuringia, Germany, that is about to get a whole lot techier!
- Thuringia : A beautiful landscape dotted with medieval architectures, stark castles, idyllic hamlets, and bustling cities – and now with some cutting-edge electric car technology!
- Colette Boos-John : The charismatic Minister of Economics, responsible for the continued growth and development of the Thuringian economy, and the shining star of the CDU party.
- Manufacturing site : A state-of-the-art factory where the magic happens, and electric car films equipped with all the bells and whistles are born.
- Expansion Site : The place where Nissha Group is dolling out those millions of euros, transforming Waltershausen into a tech haven.
- Gotha : A nearby district where Nissha Group's Thuringian presence is felt.
- BMWi : The Federal Ministry for Economic Affairs and Climate Action, a major player in shaping Germany's economic future and supporting innovative projects.
- CDU : The Christian Democratic Union, a major political party in Germany, and Colette Boos-John's political affiliation.
[*Source: BMWi, Thuringia Ministry of Economics, and other regional press releases]
- The new manufacturing site in the town of Waltershausen, Thuringia, is set to become a tech hub, producing advanced films for electric cars' front areas, thanks to the investment by Nissha Group.
- Colette Boos-John, the minister of economics in Thuringia and a member of the CDU party, has praised Nissha Group's expansion, stating it's a significant boost for the struggling Thuringian supplier industry and a testament to the state's support for the automotive industry's growth.
- The expansion site, financed partly by a 1.8 million euro grant from a joint government funding program, received a substantial 20 million euros investment from Nissha Group, giving the town of Gotha, nearby, a noticeable contributors boost.
- The role of BMWi, the Federal Ministry for Economic Affairs and Climate Action, in shaping Germany's economic future, becomes evident as partially financing innovative projects like Nissha Group's expansion.
- Despite challenges in the automotive industry, there remains a strong connection between Thuringia and Japan, as evidenced by the presence of over 30 companies with Japanese shareholders, employing approximately 5,000 individuals in Thuringia, and an annual trade volume of around 450 million euros between the two regions.