Advanex to open new factory in Czech Republic

Published:  26 October, 2017

Springs manufacturer Advanex will be opening a new factory in the Czech Republic next year. The new purpose built 8,500m2 factory will open in August 2018 at CT Park, Prague Airport and will employ up to 60 staff.

The new factory will be largely focused on manufacturing deep drawn, microsprings and plastic over moulding components for the automotive market, and other sectors. The opening is part of a growth plan for the company that aims to increase turnover to over €38m (£30m) by 2020.

Steve Antcliff, director for Advanex Czech Republic said, “The Czech Republic is an excellent location for us with a growing economy, highly skilled labour market and well-developed infrastructure. CT Park will give us great access to our customer base and will provide an effective distribution network across the globe.”

Advanex operates in 23 countries including Japan, China, The U.S.A, Thailand and Germany. In the UK the company has two sites in Nottinghamshire.

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