Waiblingen, 5/20/2021 | Company press release
STIHL Magnesium Die Casting, based in Weinsheim in the German state of Rhineland-Palatinate, is expanding its manufacturing capacities for e-bike components in response to robust and consistent growth in the e-bike market segment. The company plans to install new production facilities in the form of machinery and associated infrastructure in its existing factory buildings, investing approximately 16 million euros. “Expanding our capacity for e-bike components will increase our competitiveness in this segment. The trend continues to favor lightweight, compact drives, which is boosting the use of magnesium,” emphasizes Hartmut Fischer, Managing Director of STIHL Magnesium Die Casting.
STIHL Magnesium Die Casting produces lightweight e-bike drive housing components and counts the German market leader for e-bike drives among its customers. STIHL expects to see order volume increase over the next few years, and is therefore aiming to double its production volume by 2023. Half of the total investment will be made this year. The expansion at STIHL Magnesium Die Casting will also create up to 70 new jobs in the region in the medium term.
Founded in 1971, STIHL Magnesium Die Casting is celebrating its 50th anniversary this year and is now one of the largest and most advanced magnesium die casting plants in Europe. With its high-quality output, the plant is an important part of the global STIHL manufacturing network. The Weinsheim-based workforce of approximately 800 produces high-quality magnesium components not only for chainsaws and power tools but also for the automotive, motorcycle, bicycle, electronics and medical technology industries. Roughly 30 percent of its revenue is from die casting projects for external customers. The plant has grown consistently over the past few years, and a new production logistics facility was added in July 2020.