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Neways Electronics Expands German Site in Neunkirchen
November 26, 2018 | NewaysEstimated reading time: 1 minute
Neways Electronics has completed the expansion of its German site in Neunkirchen. After about eight months of planning and construction, the new production and office space was taken into service in early October. Due to the additional 1,000 m² the location grows to a total of 5,500 m². In addition to expanding its location, Neways Electronics will also invest in state-of-the-art production technologies to tailor its machinery to customers’ needs.
The expansion of the production area became necessary, because the volume of orders has grown steadily in the recent years. The order situation looks very good for the future as well. By expanding the production capacity, Neways Electronics will be able to meet the growth in the electronics industry. At the same time, the production layout is optimized in order to produce even more efficiently.
About Neways
Neways Electronics International N.V. (Neways) is an international company active in the EMS market. Neways offers its clients custom-made solutions for the complete product life cycle (from product development to after-sales service) of both electronic components and complete (box-built) electronic control systems. Neways operates in a niche of the EMS market and focuses primarily on small to medium-sized specialist series, in which quality, flexibility and time-to-market play a crucial role.
Neways products are used in sectors such as the semiconductor, medical, automotive, general industry and defence industries. Neways has operating companies in the Netherlands, Germany, the Czech Republic, Slovakia and China, with a total of 2,792 employees at year-end 2017. Neways recorded net urnover of €438.7 million in 2017. Neways shares are listed on the Euronext Amsterdam stock exchange.
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