Investment leads to more flash-memory-solutions ‘Made in Germany’
Manufacturer of industrial flash memory solutions, Swissbit, has announced the expansion of its development and production facility in Berlin, Germany. The agreed investments pave the way to triple current production capacities. To meet the increasing demand for Swissbit products, particularly for the proposed new storage solutions in the areas of Managed NAND and Security, Swissbit AG has decided to expand its manufacturing plant that will offer an optimal and modern production environment.
Swissbit has acquired an area within the CleanTech Business Park in Berlin-Marzahn, the largest industrial zone in Berlin, on which it will construct its new production and development facility.
Substantial investments in machinery and further personnel are also planned with the total investment amounting to €20m. Thanks to its proximity to the current Swissbit production facility, the extension will seamlessly and effectively connect to the existing infrastructure.
Committed to manufacturing in Germany
Silvio Muschter, CEO of Swissbit, said: "We started our negotiations with representatives from the city and the CleanTech Business Park early on and are confident about our choice of this location. It offers everything we need to ensure the growth of Swissbit. With the requirements of digitisation and Industry 4.0, our high-reliability memory products, especially those with security functionality, will be widely demanded.
"In keeping with the CleanTech Business Park concept, our products are used in a variety of control systems that enable the industry to be sustainable and energy efficient. We are confident that Swissbit’s investment will further extend its success in the marketplace."
With the decision to invest in a new facility in Berlin, Swissbit underlines its commitment to high-tech manufacturing in Germany and its business location in Berlin.