on Schaeffler AG (isin : DE000SHA0159)
Schaeffler Unveils Advanced Technology Center in Herzogenaurach
On October 30, 2024, Schaeffler AG inaugurated a cutting-edge technology center at its Herzogenaurach headquarters. This facility, which required an investment of approximately 90 million euros, underscores Schaeffler’s commitment to Germany as an industrial hub. The center aims to enhance development in areas such as electric mobility, battery technology, and hydrogen, pooling expertise in material sciences.
Spanning over 18,000 square meters, the center accommodates 340 employees and hosts 15 laboratories focusing on material, chemical, and nano technologies, among others. It emphasizes sustainable practices, adhering to the DGNB gold standard by utilizing production waste heat for heating.
Klaus Rosenfeld, Schaeffler CEO, highlighted the center’s role in accelerating innovation in growth sectors. The “Motion Hub” presents Schaeffler's newly realigned product portfolio, following the acquisition of Vitesco Technologies, to stakeholders.
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