DGAP-News: Grammer AG: Production start at new Grammer

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DGAP-News: Grammer AG: Production start at new Grammer plant in the United States

DGAP-News: Grammer AG / Key word(s): Miscellaneous Grammer AG: Production start at new Grammer plant in the United States 22.01.2015 / 11:18 --------------------------------------------------------------------- Production start at new Grammer plant in the United States - Production of seating systems for the offroad segment - Preparations for the production of automotive center consoles Tupelo, MS, United States / Amberg, Germany, January 22, 2015 - Production has started successfully at Grammer AG's new plant in Tupelo, Mississippi, at the end of 2014. Only twelve months after the official ground-breaking ceremony, suspended seats are now being manufactured at the new Grammer US headquarters for the Northern American commercial vehicle market. In parallel with the completion of construction, all production lines at the existing plant in Hudson, Wisconsin, have been relocated at the new plant in the southern United States. The Hudson facility will continue to operate as a sales and engineering center to provide optimum service for commercial vehicle customers in this region. Following the certification of the new facility by the main customers and the successful start-up of seat production, preparations are now also progressing ahead of the start of automotive production. 2016 will see the production of the first Grammer center consoles at the Tupelo site for the local automotive market. With this new facility, the Grammer Group has further expanded its local presence in the important Northern American market. Together with the Group's two large production sites in Mexico and the sales and engineering centers in Troy, Michigan, and in Hudson, Wisconsin, Grammer's two divisions - Seating Systems and Automotive - are now excellent positioned in the NAFTA region and will be able to continue on their successful growth trajectory in the Northern American market. "The Northern American automotive and commercial vehicle market forms a key element of the Grammer Group's growth strategy. Over the last few years, we have been able to grow at double-digit rates in the NAFTA region and, moving forward, we want to continue this positive trend," says Hartmut Müller, Chief Executive Officer of Grammer AG. Company Profile Grammer AG, Amberg, Germany, is specialized in the development and production of components and systems for automotive interiors as well as driver and passenger seats for offroad vehicles (agricultural and construction machinery, forklifts), trucks, buses and trains. Our Seating Systems division comprises the truck and offroad seat segments as well as train and bus seating. In the Automotive division, we supply headrests, armrests and center console systems to premium automakers and automotive system suppliers. Grammer is represented in 20 countries worldwide with a workforce of more than 10,000 employees across its 30 subsidiaries. Grammer shares are listed in the SDAX segment of the German Stock Exchange, and are traded on the Munich and Frankfurt stock exchanges, via the Xetra electronic trading platform and on the OTC markets of the Stuttgart, Berlin and Hamburg stock exchanges. Contact: GRAMMER AG Ralf Hoppe Phone: 0049 9621 66 2200 investor-relations@grammer.com --------------------------------------------------------------------- 22.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Grammer AG Postfach 14 54 92204 Amberg Germany Phone: +49 (0)9621 66-0 Fax: +49 (0)9621 66-1000 E-mail: investor-relations@grammer.com Internet: www.grammer.com ISIN: DE0005895403, DE0005895403 WKN: 589540, 589540 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 315575 22.01.2015

Scroll down for more posts ▼

Top 10 Most Recent News Articles

New Tools Arm Manufacturers in Additive Arena

Updated Category News Views 3

Diving Headfirst into Additive Manufacturing Standards Additive manufacturing (AM)—it's not just another tech buzzword. It's revolutionizing everything from life-saving medical devices to cutting-edge aerospace components. But as with any game-changing innovation, there's a wild west era before standards reign in the chaos. Enter ANSI and America Makes, offering new...

Continue Reading
Fiber Giants Unite to Boost Connectivity in Montana

Updated Category News Views 4

Montana's Broadband Transformation Takes a Leap Folks in Northwest Montana, take note. Vero Fiber and MontanaSky have tied the knot, officially sealing a merger that doesn't just unite two reputable broadband providers but promises to shake up the internet game across the region. Just ask anyone who's tried to stream a movie during peak hours in Flathead Valley. A...

Continue Reading
Li-Fire Expands Fire Safety Amid Rising Battery Risks

Updated Category News Views 7

A Crunchy Look at New Fire Safety Moves Well, folks, here's a twist we didn't see coming but sure makes sense in today's electrifying business landscape. Li-Fire, the big brains behind lithium battery fire suppression, is spreading its wings nationwide, or at least its wholesale and distribution programs are. And right ahead of National Fire Safety Week no less—talk...

Continue Reading
Concrete Pipe: Foundation of Modern Infrastructure

Updated Category News Views 8

Reinforced Concrete Pipes Hold Their Ground You know, it might not be the flashiest part of our infrastructure toolkit, but concrete pipe plays a mighty big role behind the scenes. Even in this age of shiny new tech and constantly evolving materials, the classic concrete pipe still packs a punch—especially when you demand something that'll last. Enter Stephanie Ward, a...

Continue Reading
Sports Research Joins Costco: Creatine Mix Available

Updated Category News Views 5

Breaking Into the Big League: Sports Research Hits Costco When a company's product finds its way onto Costco's shelves, you know they're not just playing in the minor leagues anymore. This October, Sports Research® made a bold move into the retail giant's sports nutrition section with their new Creatine + Electrolytes powder. It's not their first rodeo when it comes to...

Continue Reading
Nukleus Launches Unified Platform for Athletes' Business

Updated Category News Views 7

Leveling the Business Field for Athletes Athletes spend their lives fighting for every inch on the field, and now Nukleus is giving them the tools to hold ground off it. Why should they be the last ones to know their own business? Ashton Jeanty and Nukleus got tired of that narrative and kicked off a platform today with a real promise: putting an athlete's entire business...

Continue Reading
Nelson-Jameson Boosts Cold Storage in California Move

Updated Category News Views 4

An Icy Boost for the West Coast Dairy Player Every now and then, a company gets its cold storage game just right. Nelson-Jameson has added fresh muscle to its Turlock facility in California, making waves with serious logistical upgrades. The company's dogged pursuit of better operational efficiency in dairy processing isn't just about bragging rights. It's plain old good...

Continue Reading
Maternal Health Index: A New Tool With Big Ambitions

Updated Category News Views 7

A Fresh Take on Maternal Health Today's all about the Heartland Forward's fresh tool, the Maternal Resiliency Index. It's making a splash at the 2026 Heartland Summit with a lot of promise on its shoulders. Backed by economists and health gurus like Emily Oster and Dr. Neel Shah, this index ain't your run-of-the-mill tool. It's here to shake the couch coins out of...

Continue Reading
MiniCo's New Desk: A Game Changer for E&S Market

Updated Category News Views 4

A New Chapter in Industrial Casualty Look out, folks! MiniCo Insurance Agency is making waves with its latest launch. They're teaming up with Lloyd's of London, not to sell fish and chips, but to bring something groundbreaking in the insurance space—an industrial casualty trading desk. And if you’re raising an eyebrow wondering why this matters, let me break it down...

Continue Reading
Ultrabench Revolutionizes AI Model Comparison Game

Updated Category News Views 3

Breaking Down the Messy AI Model Landscape Ultrabench.ai is here to drag AI model comparison out of the dark ages. Picture this: 309 AI models, ranked against a whopping 530 benchmarks, all served up on one plate. If you’re navigating the AI jungle, you’ll realize how Ultrabench is no small fish in this vast ocean. Consolidating Where Others Have Scattered There's a...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring Shopify's Evolving Options Market Dynamics

Updated Category News Views 153

Shopify's Resurgence in Options Trading Investors are showing an increased interest in Shopify (NASDAQ: SHOP), which is evident from the bullish trend unfolding in the options market. Recent tracking of options activities reveals that powerful investors are making significant moves that could hint at larger market shifts. While we cannot identify these investors, their...

Continue Reading
Pacira BioSciences Induction Grants: What You Should Know

Updated Category News Views 196

Pacira BioSciences Announces New Inducement Grants On a notable day in early 2025, Pacira BioSciences, Inc. (NASDAQ: PCRX), a frontrunner in the field of innovative, non-opioid pain therapies, revealed the granting of inducement awards as part of their strategy for onboarding new talent. This exciting development came as a significant step in expanding their team and...

Continue Reading
Invesco's Recent Dividend Announcements Impress Investors

Updated Category News Views 131

Recent Dividend Declarations from Invesco Funds The Board of Trustees for several Invesco closed-end funds has officially announced the latest dividends, capturing the attention of investors keen on steady income streams. Invesco has established itself as a responsible asset manager, continually striving to enhance shareholder value through consistent dividend payments....

Continue Reading
Prestige Wealth Inc. Expands with Wealth AI Acquisition

Updated Category News Views 247

Prestige Wealth Inc. Expands Its Portfolio with Strategic Acquisition Prestige Wealth Inc. (NASDAQ: PWM), a leading provider of wealth and asset management services, has made a noteworthy advancement in the financial technology sector. The company recently revealed that it has entered into a definitive agreement to acquire SPW Global Inc., the parent company of Wealth AI...

Continue Reading
Belfry Software Secures $12 Million for Future Growth and Innovation

Updated Category News Views 675

Belfry Software Secures $12 Million for Growth In a significant move to enhance its platform, Belfry Software has successfully raised $12 million in a Series A funding round. This funding, led by Base10 Partners, elevates Belfry's total investment to $20 million. The newfound capital aims to bolster product innovation and enrich customer experiences amid rising market...

Continue Reading