Modine LTD, a global thermal management company, is expanding its production network in Hungary. The manufacturer of heat transfer products plans to increase the production at its Mézőkövesd factory by 50% and double its output in Gyöngyös. The planned investment is worth €10m, and will create 140 workplaces at the new Mezőkövesd factory, while increasing the factory’s area by 5,400 sqm. CEO Johannes Kuron explained that they decided to invest into Hungary because of the excellent skills of its workforce, along with the good management and reliable infrastructure.
