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State Development Corporation of Thuringia (LEG Thüringen)

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New Marquardt investment means strong commitment to Thuringia

The automotive supplier Marquardt from Baden-Württemberg is significantly expanding its commitment in Thuringia: The mechatronics specialist is investing a double-digit million euro sum to expand its production at the “Erfurter Kreuz” location. They are planning to manufacture battery management systems, which are of great importance for electromobility. Over 100 new jobs will be created.

“In Thuringia, we can competitively produce top quality goods for our customers,” Dr. Harald Marquardt, CEO of the Marquardt Group said. “The traffic-favorable location of the industrial area at the Erfurter Kreuz and short transport routes, qualified employees and the high level of industry competence in the region are further advantages that we appreciate.” The entrepreneur expressly praised the support from the state and LEG. “This service is unparalleled throughout Germany; I only know such perfect support from abroad,” he said. The company is more than tripling its floor space for production, logistics and administration to 40,000 square meters; it also acquired a 15-hectare site from LEG adjacent to the existing production facility.

Until now, Marquardt has been manufacturing products for the interior of premium vehicles south of the Thuringian state capital. With the battery management systems new high-tech products are added to the product range: While driving, these products measure voltage, temperature and currents, act like the “brain” of an electric car, and thus belong to the key technology for the mobility of tomorrow. The company’s decision to locate the plant in Thuringia has also been encouraged by the investment of the Chinese battery cell manufacturer Contemporary Amperex Technology (CATL) at the same industrial site “Erfurter Kreuz” in Thuringia; the global market leader in the production of lithium-ion batteries for electric vehicles is investing 1.8 billion euros in Thuringia and creating 2,000 new jobs. (hw)

Dr. Harald Marquardt, CEO of the Marquardt Group, and Economics Minister Wolfgang Tiefensee (from left) at the press conference anouncing the expansion plans. Source: Marquardt GmbH

Dr. Harald Marquardt, CEO of the Marquardt Group, and Economics Minister Wolfgang Tiefensee (from left) at the press conference anouncing the expansion plans. Source: Marquardt GmbH