Thyssenkrupp Aerospace unit to build production site in Morocco

1st February 2018

By: Reuters

  

Font size: - +

Germany's Thyssenkrupp will build a sales and production site to boost its aerospace business in Morocco, it said, adding it has already reached supply agreements with aircraft parts group Figeac Aero and ARM Group.

The facility, to be opened in the summer, will be located close to Casablanca and offer material storage and processing services, Thyssenkrupp said in a statement on Thursday, declining to say how much it would invest in the site.

Employing more than 1,800 staff in over 20 countries, Thyssenkrupp Aerospace is part of Thyssenkrupp's Materials Services division, which made 13.67 billion euros ($17 billion) of sales last year, nearly a third of the group's total.

"This new site underlines our ambition to be a reliable and strong partner alongside our customers," Joachim Limberg, chief executive of Thyssenkrupp Materials Services said.

The site will offer warehouse space of more than 2,000 square metres for raw materials including aluminium, steel and titanium, the company said.

Edited by Reuters

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION