SMR Automotive Lays Cornerstones for Two New Manufacturing Plants in Macedonia

Country:
Macedonia
SMR Automotive Lays Cornerstones for Two New Manufacturing Plants in Macedonia

The investment includes construction of two production facilities on a 2,7ha plot in the Technological Industrial Development Zone (TIDZ) Skopje 1, which will create 140 new jobs. One of the facilities is planned for production of die-casting parts, while the other for automotive glass used in exterior rearview mirrors. The total investment will amount up to €12 million. The new facilities will start operation within a year, with almost the whole production intended for the European markets.

Samvardhana Motherson Reflectec (SMR) which is a member of Samvardhana Motherson Group (SMG) is one of the largest manufacturers of external rearview mirrors for passenger cars in the world. The group supplies exterior mirrors, interior mirrors and blind spot detection systems for all passenger vehicle segments to nearly every carmaker in North America, Europe, Asia and Australia.

Samvardhana Motherson Reflectec (SMR), a member of India-based Samvardhana Motherson Group (SMG) decided to launch two investment projects in Macedonia.