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Volvo Cars Sells Smaller Plant in Ghent

 

 

 

The Volvo Car Corporation has decided to sell its plant for pre-assembly of chassis components in Ghent, Belgium. The facility, which goes under the name of CCG (Chassis Center Gent) has a workforce of about 100 people. It is a pre-assembly plant for rear axles and spring struts, and it is located alongside the large Volvo Cars assembly factory in Ghent.

 

The CCG plant is being bought by Germany’s Benteler Automobiltechnik, a major supplier to the automobile industry, which employs some 17,000 people the world over. The company is a specialist in the development and manufacture of chassis components, and will be taking over the CCG factory from 1 January 2003.

 

"The CCG factory in Ghent is not part of our core operations and with the sale of this facility, we can release capital and reduce our investments in the future. Since the experience gained from Benteler’s other production operations can be exploited, we will benefit from a more rational pre-assembly process and thus also a reduction in our running costs," says Curt Germundsson, Production Manager at the Volvo Car Corporation.

Keywords:
Corporate, Manufacturing
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