Jiecang Linear Motion Technology Co. will build a plant in Kaposvár (Somogy County). The Chinese manufacturer of linear hydraulic structures is investing over EUR 60 million (about HUF 23 billion) and creating over 200 new jobs.
The site will also be the European logistics centre of the Chinese company. Plans call for an annual turnover of EUR 80 million with the production of 500,000 intelligent mobility systems for offices and 150,000 for the health sector. According to the plans, the development should be completed by the end of next year.
The company was founded in 2000 and has been a listed company since 2018. Its main profile is the development, production and sale of products for linear motion. The company’s products provide linear motion for smart office and healthcare equipment, housing, industrial automation. According to its own information, Jiecang Linear Motion achieved a turnover of EUR 450 million last year.