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Official handing over of funding decision for major CeramTec project in Marktredwitz

Upper Franconian government to provide 11.5 million Euro in funding for construction project

The construction work to expand CeramTec's site in the Upper Franconian town of Marktredwitz is already in progress. Now the Bavarian State Minister for Economic Affairs, Martin Zeil, officially handed over the funding decision during a celebration ceremony: The Government of Upper Franconia is providing 11.5 million Euro in funding for this major project.

Group picture at the construction site: Mayor Marktredwitz Mrs. Dr. Birgit Seelbinder, manager economic development Upper Franconia Thomas Engel, Christine Schieweg, Klaus Wespatat, Sigurd Adler (all CeramTec), district administrator Wunsiedel Dr. Karl Döhler, Bavarian state minister for economic affairs Martin Zeil, Uwe Kemmer, Peter Strötgen (both CeramTec), member of the Bavarian Parliament Martin Schöffel, Stephan Steiner (CeramTec), regional manager FDP Kulmbach Thomas Nagel, Hans Schönberger (CeramTec), Oliver Weigel economic development district Wunsiedel

“Companies like CeramTec are very important for the structural change of the region.
I gladly came to the Marktredwitz CeramTec site to strengthen and support the competence of a company in a traditional industry of the region.“

Martin Zeil, Bavarian State Minister for Economic Affairs

Peter Strötgen, Division Manager Medical Products,
explains Martin Zeil the production of ceramic
components for hip prosthesis systems, also
followed by Thomas Nagel and Thomas Engel

Investments totaling around 80 million Euro will flow into the existing plant in Marktredwitz by 2015, The Upper Franconian government is contributing 11.5 million Euro in funding for the first part of the project to build the new production building for the Medical Products division. The site will house a modern new production hall, which will commission the production lines to manufacture ceramic BIOLOX® components for hip joint implants as early as the end of 2014. 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 is to build capacities for new technologies in manufacturing substrates for LED lighting technology and to stimulate the development of new products, for example.

“We greatly appreciate this support from the Bavarian state. This shows once more how important CeramTec is to the economy of the region,”

Sigurd Adler, CTO CeramTec

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.