25. April 2013 – Vilsbiburg, April 25, 2013. – The Dräxlmaier Group has received a first place award from fDi Magazine for construction of a new production network in Kavadarci, Macedonia. In this study the trade journal, which belongs to The Financial Times Ltd., researched more than 16,000 foreign direct investments throughout the world. Dräxlmaier made it into the final round, and was successful against 24 competitors in the category “Best production facilities 2012.”
The Dräxlmaier Group invested tens of millions of Euro in the Kavadarci site, which opened in the summer of 2012, thereby creating up to 4000 new jobs in Macedonia over the next few years. “We are very proud to receive first place, which especially recognizes the investment and strong commitment of the Dräxlmaier Group in our country,” said plant manager Georgi Trenkoski from DMM Dräxlmaier Manufacturing Macedonia DOOEL in Kavadarci concerning the award from fDi Magazine.
The award was not granted based solely on the amount invested and the number of jobs created, however. An equally large role was played by criteria such as the influence of the company on the economic development of a country, as well as the process of site selection and related efforts on a national as well as global level.
As “Projects of the year 2012,” the jurors of fDi Magazine also commended companies throughout the world, not only from the automotive sector but also from such diverse industries as air travel and the energy sector, for their exemplary practices. The study also considered not only investments in production facilities, but also the setup of research and development centers as well as sales offices.
In Kavadarci the Dräxlmaier Group produces wiring harness systems with in-sequence delivery, for a German premium automobile manufacturer. The expansion of the new fully integrated production plant to more than 52,000 square meters is to be completed in the summer of 2014. Building the plant site in Kavadarci is Dräxlmaier’s first investment in Macedonia, and is an important part of their international growth strategy, which is oriented toward well-known automotive manufacturers in the premium segment.
The DRÄXLMAIER Group supplies premium automobile manufacturers worldwide with complex wiring harness systems, central electrical and electronic components, exclusive interiors, and storage systems for electric mobility. The combination of core competencies in the interior, electrical, electronic and storage systems areas makes DRÄXLMAIER unique in the industry. The company thereby covers the entire process chain, from the initial idea, through the development and production process, and up to precisely in-sequence delivery of the products to the assembly lines of premium automobile manufacturers. The inventor of the customer-specific wiring harness, the DRÄXLMAIER Group develops pioneering wiring harness technology as well as electrical and electronic components, all directly in-house. These include multi-voltage and high-voltage wiring harness systems, battery management systems, and intelligent power distributors. DRÄXLMAIER is working on the future of emission-free mobility with its solution for low-voltage and high-voltage storage systems. As a market leader for interior systems in premium automobiles, the DRÄXLMAIER Group also supplies premium automobile manufacturers with ambient lighting, center consoles, door panels and instrument panels, as well as complete door and cockpit modules.
The DRÄXLMAIER Group is an international automotive supplier with more than 60 sites in over 20 countries. Founded in Germany in 1958, the company employs about 75,000 employees throughout the world. For the DRÄXLMAIER Group as an owner-managed business, responsible and long-range thinking has always been the basis for economic success. It is therefore a core element of its strategy to design its business and production processes, as well as its products, in a more sustainable manner and in that way to increase the competitiveness of the company on a long-term basis.
In 2019, the DRÄXLMAIER Group generated sales of 4.9 billion euro. Customers of this member of the Top 100 Automotive Suppliers include Audi, BMW, Jaguar, Land Rover, Maserati, Mercedes-Benz, MINI, Porsche and Volkswagen, as well as Californian automotive manufacturers.