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Saturday, November 06, 2004

TRW Automotive Opens First Romanian Plant

TRW Automotive Holdings Corp. today announced the opening of its first plant in Romania. The steering wheel manufacturing site has opened in Romania with 250 people in a 23,000 square foot facility.

Early next year, the business will move into a new, purpose-built 41,000 square foot plant, located in Timisoara, Romania -- nearly doubling the size of the operation to allow for the plans to increase employees from 250 today to around 1,100 by the end of 2005. The initial phase of this project represents an investment of $16 million.

The plant will supply the current TRW Automotive customer base for steering wheels, including DaimlerChrysler, Volkswagen Group, BMW and Toyota across Europe and Renault Dacia locally. The facility also has the capacity to expand into other occupant safety systems product areas such as airbags or seatbelts in the future.

Steve Lunn, executive vice president and chief operating officer, TRW Automotive, said: "We are proud to have established TRW's first presence in Romania to support our European steering wheel customers. This move enables us to continue to provide our outstanding quality products with an improved cost base for this business."

Plant manager, Giuseppe Papparlardo, who also leads TRW's Naples, Italy, steering wheel plant, added "We have been fortunate to establish an excellent labor force. Each employee has been through an extensive three-month training course in areas such as leather wrapping and sewing. This training program will continue as we expand our operations."

Posted by Mihai : 11/06/2004 01:26:00 pm