CTP has signed a deal with Grammer Jifeng Automotive Seating CZ to build a new modern manufacturing and testing warehouse facility at CTPark in Cheb, Czech Republic.
Grammer Jifeng Automotive Seating CZ specialises in producing interior components for the automotive industry, developing technologically advanced products for premium car brands. The new facility of 21,000 sqm at CTPark Cheb is scheduled to be operational by late 2025. Grammer Jifeng Automotive Seating CZ represents the merger of Grammer AG and Ningbo Jifeng Auto Parts Co. Ltd. The new facility will build on the existing presence of both companies in CTP's portfolio that together already lease over 72,000 sqm of space at CTP parks in the Czech Republic.
CTPark Cheb is located close to the German border. It benefits from direct motorway access to Germany which is reachable within 10- minutes, where many multinational automotive companies are located.
Grammer Jifeng Automotive Seating CZ’s new production facility will include specialist laboratories, vibration rooms, testing facilities and storage areas, all with a focus on high technological and environmental standards set within landscaped grounds.
Carsten Winkelbach, Managing Director of Grammer Jifeng Automotive Seating CZ, said: "Thanks to this project, we can create up to 433 new jobs, which will also support the growth of the region’s economy."