News: ATC Technology Corporation Announces European Expansion Through Investment in the Czech Republic
ATC Technology Corporation (ATC) announced that it is establishing a new engine remanufacturing facility in the Czech Republic to better serve its European-based and global Drivetrain customers.
Saturday, 21st June 2008
The Company's facility will be located on a site owned by Holding Het Zuinden bv, operating as Cross-Line International (CLI). CLI is a leading specialist supplier of medium-volume machined components headquartered in the Netherlands with facilities in the Netherlands, Belgium, Germany and the Czech Republic serving a variety of European OEMs. Don Johnson, Chairman and CEO of ATC said, "Some time ago we identified a need to establish a facility in mainland Europe to better meet current and future customer needs and to improve our competitive position in this important market. We specifically recognized the need to expand our capabilities to satisfy the needs of customers not efficiently reachable from our UK-based facility. By working with CLI and utilizing CLI's experience in the Czech Republic, we will be able to establish our new facility more rapidly and with more confidence than if we were to do so independently. We are planning to remanufacture engines in the new facility early in the first quarter of 2009."