June 1, 2023: Visatronic, the newly acquired subsidiary of Germany’s BMZ lithium battery programs group, will make investments practically €4 million ($4.3 million) to broaden manufacturing capability.
BMZ stated on Might 31 that the producer of digital flat modules, which was changed on March 1, plans to extend the manufacturing space of its plant in Mainhausen by 800m² to finally double its manufacturing and gross sales capability – though it was not disclosed in firm any numbers. .
Visatronic’s workforce can also be set to broaden by practically 100.
The mission follows extra orders from clients, the corporate stated.
BMZ founder and CEO Sven Bauer stated in March that the acquisition of Visatronic – a long-time provider to the battery firm – “strengthens one more necessary issue that Germany does in battery manufacturing” .
Bauer stated such strikes are important for know-how firms in instances of unsure provide chains.
Journal of Vitality Storage It was reported in September that BMZ acquired a stake in German plastics provider Schütz Kunststofftechnik, partly to extend its supplies provide chain and to help its provider of battery cell holders.
