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Investments of € 80 Million in Existing Advanced Ceramics Plant

Construction Begins
on Major Project in Marktredwitz

Symbolic start of construction work with honorary guests present
 

The CeramTec Group began efforts to expand its Marktredwitz site with a traditional groundbreaking ceremony on March 25th. Investments totaling around € 80 million will flow into the existing plant in Upper Franconia by 2015, creating new buildings, ultra-modern production facilities for technical ceramics and 120 additional jobs.

The new production hall is expected to be completed by the end of 2014
 

“Doubling the size of the production hall was a logical first step for us in order to satisfy rising demand for our products. We have also planned additional space for new production lines.”

Sigurd Adler (CTO)

CeramTec Managing Director Sigurd Adler and the honorary guests present began symbolic construction work on the site expansion during a celebration ceremony. Guests included Melanie Huml, Secretary of State for Environment and Health, Wilhelm Wenning, District President of Upper Franconia, Martin Schöffel, Representative of Bavarian Parliament, Dr. Karl Döhler, District Administrator of Wunsiedel County, Klaus Haussel, Deputy Mayor of the city of Marktredwitz, Oliver Weigl from the county’s business development program and Markus Brand from the city of Marktredwitz’s business development program.

The first partial investment in the project (€ 43.5 million) will go to the Medical Products division. The production building is being expanded by another 3,400 square meters. The production lines for manufacturing ceramic components for hip joint implants will enter into operation at the end of 2014.

CeramTec’s location at Marktredwitz

By the end of 2015, further investments will go towards the Electronic Applications and Chemical Applications divisions, which are also located in Marktredwitz. The aim here is to build capacities for new technologies in manufacturing ceramic substrates for LED lighting technology and to stimulate the development of new products made from advanced ceramics, for example.

CeramTec currently employs around 640 individuals at its Marktredwitz site, 39 of which are trainees. Following the expansion measures, around 120 additional jobs will be added along with more training spots by the end of 2015. These efforts will be enhanced by a dual training program.