Jenoptik invests £15 million in US technology campus
Jenoptik recently broke ground on its new £15 million modern technology campus at its US location in Rochester Hills, Michigan. The project is currently the largest single investment being made by Jenoptik and will act as a central hub for expanding the company’s North American business.
The acquisition of the property was finalised in April. The investment of £15 million includes the purchase of the property as well as the construction of modern production, service and office environments. The location will encompass the engineering, production, sales and service for metrology and laser machines for the automotive industry.
The new building is in the vicinity of the current location, which is rented by Jenoptik. Relocation is expected to take place in spring 2017. The campus will cover a total area of nearly 16 acres and will be equipped with modern systems and materials for energy efficiency.
The investment allows Jenoptik to plan for future growth and technical upgrades. The technology group has had an in-house production facility in place at Rochester Hills since 2007 and currently employs more than 100 local staff. ‘Besides the APAC region, the USA have been our most important growth region with average annual growth rates of 13 per cent since 2009,’ commented Jenoptik president and CEO Michael Mertin. ‘The new campus provides us with state-of-the-art infrastructure and allows us to get even closer to our customers in the US automotive industry.’
The location will also provide areas and flexible expansion options for other Jenoptik activities, including the Defense and Civil Systems, and the Healthcare and Industry divisions. The location is designed to ensure that it will also be able to provide significant expansion options in the medium-term.