12-08-2024 | Corporate & Ad-hoc news | Financial news | Press releases

New paragon lead plant inaugurated in China

Delbrück, July 29, 2024 - paragon GmbH & Co. KGaA [ISIN DE0005558696] officially opened its new plant in Kunshan, China, in mid-July. This state-of-the-art plant replaces the plant in the immediate vicinity, which opened nine years ago and had become too small, and creates the conditions for the planned growth with Chinese car manufacturers.


• Relocation from the Kunshan plant, which opened in 2015, to a state-of-the-art new building in the immediate vicinity

• Now over 4,000 square meters of production and office space

• Grand opening in mid-July with numerous guests from politics, customers, suppliers and partner companies

• New plant lays the foundation for further future growth with Chinese car manufacturers

• Global lead plant for future production facilities

• Construction time was only six months - smooth relocation during ongoing production in three weeks

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