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Ziehl-Abegg to spend $100 Million to occupy 525,000 square feet of space in Winston-Salem North Carolina.

Ziehl-Abegg to spend $100 Million to occupy 525,000 square feet of space in Winston-Salem North Carolina.

February 27, 2023 Craig Etkin

Winston-Salem, North Carolina — According to state and local economic development sources Ziehl-Abegg plans to invest $100,000,000.00 to build out 525,000 square feet of new space in Winston-Salem. The company plans to occupy the new space in Winston-Salem, on or about October 1, 2024. According to the company website ZIEHL-ABEGG, headquartered in Kuenzelsau, Baden-Wuerttemberg, Germany, is one of the leading global companies in the field of ventilation, control and drive technology. Back in the Fifties, ZIEHL-ABEGG established the basis of modern fan drives: external rotor motors which even today are still seen as state-of-the-art worldwide. Another area of business is electric motors which provide the power, for example, for elevators, medical applications (computer tomography equipment) or deep-sea underwater vehicles. The theme of electro-mobility for motor vehicles was established as part of the ZIEHL-ABEGG Automotive Team in 2012. The high-tech company has an impressive innovative capability. ZIEHL-ABEGG employs 2,600 personnel in its production plants in Southern Germany. The company has a global workforce of more than 4,700 spread between 16 production plants, 29 companies and 112 sales locations. The products, approx. 30,000 in all, are sold in more than 100 countries. Turnover in 2021 totaled 716 million euros, with exports accounting for three quarters of the figure. Emil Ziehl founded the company in Berlin in 1910 as a manufacturer of electric motors. After the Second World War the company’s headquarters were relocated to Southern Germany.

To learn more about Ziehl-Abegg, visit http://www.ziehl-abegg.com/

Company Contact:
Mirco Herrmann, President
https://www.linkedin.com/in/mirco-herrmann-682099126/
336-834-9339

SOURCE: http://www.intelligence360.io
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Commercial Relocation
3120, Commercial Relocation, Greensboro--Winston Salem--High Point, North Carolina, Winston-Salem, Ziehl-Abegg

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