Corporate | 27 February 2014 08:00

Progress-Werk Oberkirch AG: PWO commences operation of new production and logistics hall at its location in Puebla, Mexico

Progress-Werk Oberkirch AG / Key word(s): Miscellaneous

27.02.2014 / 08:00

Press Release

PWO commences operation of new production and logistics hall at its location in Puebla, Mexico

Oberkirch, February 27, 2014 – PWO has officially opened a new production and logistics hall at its location in Puebla, Mexico, as part of a celebration. With an area of ​​3,000 square meters, the hall offers sufficient space to combine production and shipping processes in a cost- and process-optimized manner, and handle the expected future increase in volume. A new route concept around the new hall will also speed up the shipping process. New office space has also been created for production-related areas.

The space previously required for logistics can now be used for the planned growth. There are also plans for continuous improvements of the location’s operational processes. Hence, further elements of lean management of the successful PWO Production Systems are being implemented in Mexico.

The investment in this expansion is an important step for PWO to allow the Mexican location to respond even more efficiently and flexibly to customer preferences in the future.

Progress-Werk Oberkirch AG
The Management Board

PWO company profile
PWO is one of the world’s leading developers and manufacturers of advanced metal components and systems in lightweight construction for automotive safety and comfort. The company has developed a unique knowledge in the forming and joining of metals over the course of its 95-year history since it was founded in 1919. The German location at Oberkirch currently employs over 1,500 staff members. The Group is globally represented with further sites in Canada, the Czech Republic, China, and Mexico and employs around 3,100 staff members around the world.

PW0 is a partner to the global automotive industry for the development and production of innovative products in the divisions “Mechanical components for electrical and electronic applications”, “Safety components for airbags, seats and steering” and “Components and sub-systems for vehicle bodies and chassis”.

End of Corporate News

27.02.2014 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

Language:	English
Company:	Progress-Werk Oberkirch AG
	Industriestraße 8
	77704 Oberkirch
	Germany
Phone:	+49 (0)7802 84-0
Fax:	+49 (0)7802 84-273
E-mail:	info@progress-werk.de
Internet:	www.progress-werk.de
ISIN:	DE0006968001
WKN:	696800
Listed:	Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, Hamburg, München

End of News DGAP News-Service

254436  27.02.2014