Feintool, Switzerland expands Hungary plant for EV components

On December 16, the Hungarian Investment Promotion Agency (HIPA) announced that Feintool is investing EUR 34.1 million to expand its Tokod facility in Hungary’s Esztergom district. The project will add 6,740 square meters to the existing plant. The new production unit will start production by late 2025. It has been o....

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