June 1, 2023: Visatronic, the newly acquired subsidiary of Germany’s BMZ lithium battery methods group, will make investments practically €4 million ($4.3 million) to develop manufacturing capability.
BMZ stated on Might 31 that the producer of digital flat modules, which was changed on March 1, plans to extend the manufacturing space of its plant in Mainhausen by 800m² to finally double its manufacturing and gross sales capability – though it was not disclosed in firm any numbers. .
Visatronic’s workforce can be set to develop by practically 100.
The undertaking follows extra orders from prospects, the corporate stated.
BMZ founder and CEO Sven Bauer stated in March that the acquisition of Visatronic – a long-time provider to the battery firm – “strengthens yet one more vital issue that Germany does in battery manufacturing” .
Bauer stated such strikes are important for know-how firms in occasions of unsure provide chains.
Journal of Power Storage It was reported in September that BMZ acquired a stake in German plastics provider Schütz Kunststofftechnik, partially to extend its supplies provide chain and to help its provider of battery cell holders.
