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News Release from: Adam Opel
Edited by the Manufacturingtalk Editorial
Team on 29 January 2002
Opel to invest GBP 31m in Bochum press
shop
To work of higher tensile steels for future car models, Adam Opel is to invest Euros 50m (GBP 31m) in its press shop at Bochum, Germany.
To work of higher tensile steels for future car models, Adam Opel is to invest Euros 50m (GBP 31m) in its press shop at Bochum, Germany It is part of Adam Opel's Europe-wide "Olympia" investment programme, which will total some Euros 10bn over a period ending in 2004
The Bochum investment is also seen as strengthening the Fiat-General Motors plans for a joint venture flexible production facility at Kaiserslautern, Germany.
Plans include producing some 150,000 direct injection diesel engines there.
Core investment at Bochum will be a 30MN transfer press cycling at 25 strokes/min and with a capacity up to 40 strokes/min.
The Kaiserslautern facility will operate on a two- or three-shift basis and will lay the foundation for the production strategy planned for 2007-8.
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