Heinz Hermann Thiele, owner of Knorr-Bremse, said: "This factory is part of a far-reaching investment program being carried out by the Knorr-Bremse Group to modernize its global development and production network. Customers stand to benefit from the increased efficiency of these facilities thanks to their greater flexibility and improved delivery capacity.
"Moreover, we want to develop the next generation of braking systems for rail vehicles; systems that take account of future requirements in the local market."
To safeguard its future, since 2010 the Group has invested more than EUR 1.3 billion in the construction and expansion of production and development facilities. The new Development Center at the Munich site e.g., which represents the largest single investment in the company's history, will also be inaugurated in June 2016. In all, Knorr-Bremse invested EUR 90 million in that building.
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