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Cargotec won the largest foreign direct investment in Poland in 2009.
On September 8, 2009 Cargotec celebrated the establishment of a new multi-assembly unit in Stargard Szczecinski. The foundation stone ceremony for the new multi-assembly unit was hosted by Cargotec’s President and CEO Mr. Mikael Mäkinen.
Cargotech is a global corporation offering cargo handling solutions for the loading and unloading of goods on land and at sea. The company is implementing an ambitous investment strategy at its new manufacturing location in Stargard Szczecinski, Northern Poland. Asvanyi-PLCI is supporting Cargotec during the start-up phase of the project.
Cargotec to Establish a New Assembly Factory in Poland
A new multi-assembly unit (MAU) will increase the size of its global supply footprint improving estimated cashflow by EUR 20 million (2009 figures). Cargotec Product Supply strategy is to strengthen the company’s presence to better meet the customer base development, as well as lower the production and transportation costs and to strengthen the sourcing activities in Central Eastern Europe.
Land purchase is estimated to be finalised in early summer 2009 and production is planned to start initially in rented premises in the same region during 2009. The first products planned to be assembled in rented facilities during the last quarter of 2009 are spreaders and medium range terminal tractors. The recruitment has started and in the initial stage the focus is on recruiting the key personnel and setting up the training of product assembly.
The new MAU in Stargard Szczecinski is planned to support the production of a wide range of Cargotec equipment. Production start in own premises on the new site is planned for the second quarter in 2010.
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