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Components Technology, 2014-09-11, 01:08 PM

ThyssenKrupp Bilstein of America Breaks Ground on 60,000 sq.ft. Expansion

$26 Million Investment Expected To Create 200 New Jobs

HAMILTON, Ohio. September 11, 2014 - ThyssenKrupp Bilstein of America today hosted a groundbreaking ceremony to celebrate the start of construction on its new building expansion.

The event took place at the company’s headquarters in Hamilton, Ohio and was attended by Ohio Lieutenant Governor Mary Taylor, President and CEO of ThyssenKrupp Bilstein of America Fabian Schmahl, and numerous state officials. The expanded facility will manufacture new high-end shock absorbers for the North American automotive market.

"This is a great day for Bilstein, Butler County and the community of Hamilton," said Schmahl. "As we move forward with the expansion of our facility, I'd like to personally thank Governor Kasich, Lieutenant Governor Taylor, their staff and all the state and local officials for their support on this endeavor.”

He continued: “Expanding our plant here is good news for the site, employees and the region. This investment is a vote of confidence in our facility and ability to successfully compete in the highly competitive automotive marketplace. There's no question we made the right choice coming to Hamilton with this project."

This investment is a part of ThyssenKrupp Bilstein’s commitment to provide the newest technology in the market and to improve the overall service it can provide to customers.

“Hamilton and the surrounding area offer a highly skilled workforce and play a vital role in the continued success of ThyssenKrupp’s Bilstein of America business,” said Earl Kansier, vice president of ThyssenKrupp North America Components Technology Business Area. “This investment and expansion will provide new manufacturing technology and enhance our regional manufacturing capabilities to help us better support our customers and meet the increasing demand for our products.”

The groundbreaking ceremony was attended by employees and 70 guests.

ThyseenKrupp Bilstein of America worked with JobsOhio, REDI Cincinnati and the City of Hamilton to secure this project for Ohio.

ThyssenKrupp Bilstein of America is now accepting applications: http://thyssenkruppusjobs.com/location

About ThyssenKrupp Bilstein

ThyssenKrupp Bilstein of America, Inc. manufactures and distributes premium quality, high-performance automotive shock absorbers for Original Equipment Automobile Manufacturers (OEM), After Market outlets and motorsports. The company’s products can be found on Chrysler, GM, Ford, Toyota, Nissan, Mercedes and new electric car models like Tesla.

In 2011, Thyssenkrupp Bilstein received an “Investing in People Award” for our committed efforts to provide opportunities and development to our local workforce. We continue to grow and invest in our employees and our employees voted ThyssenKrupp Bilstein as one of Cincinnati’s Best Places to Work and as a Top Workplace for 2010, 2011, 2012 and 2013.

About ThyssenKrupp North America

ThyssenKrupp, a global technology and materials group headquartered in Essen, Germany, employs around 157,000 people in just under 80 countries and recorded sales of more than $11 billion in North America in the fiscal year 2012/2013. ThyssenKrupp oversees more than 40 companies in North America offering a range of products including: premium carbon steel, high-performance alloys, automotive components, elevators, escalators, material trading, handling and logistics, plant construction and industrial service.

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