Leading Linear Motion Technology Firm To Build Its Largest European Production Site In Hungary
2023. 05. 31.
Chinese-owned Jiecang Linear Motion, a leading provider of linear actuator products and solutions invests EUR 60 million to set up its largest European production site in Kaposvár, located in Somogy county, Hungary. The project that is to create up to 200 jobs will expand the manufacturing capacity of the company greatly and simultaneously serve as a key logistics hub.
Founded in 2000 in Zhejiang province of China, Jiecang Linear Motion is a technology group that focuses on the research, development, production and sales of linear motion products. The company provides intelligent motion and control solutions for industries like smart office, medical care, smart home and industrial automation.
The listed company established its Hungarian subsidiary, J-Star Motion Hungary Kft. last year to implement a EUR 60 million investment in Kaposvár, a city located around 200 km southwest from Budapest. As a result, a 20,000 square meter hall will be built for the purpose of production and storage. In the factory linear motion products such as motors, linear actuators, adjustable furniture components and more will be manufactured.
The new site will be not only Jiecang’s largest production site in Europea, but it will serve as its distribution centre as well. Nearly the total production volume amounting to 650,000 units per year will be exported, primarily to Germany and the Czech Republic.
Jiecang further plans to diversify its product portfolio, enhance its technology capabilities, and explore new markets and segments. It also strives to strengthen its partnerships with local suppliers, customers, universities, research institutes, and other stakeholders to create synergies and value for all parties involved.