Over the next few years Porsche will invest well over one billion euros in construction projects in Germany in order to sustain and stimulate continued growth. Along with the completed expansion of their Weissach R&D facility and the recent acquisition of a climatic wind tunnel Porsche today announced that construction of their new Zuffenhausen engine plant has started.
By the beginning of 2016, the new development in the northern part of Stuttgart, on a site occupying only 10,000 square meters, will include a state-of-the-art assembly line with logistics areas and engine-testing technology, appealing offices and staff recreation rooms. The two-story plant will accommodate a total workforce of around 400 people.
The master plan for the conversion of the entire 'Porsche Werk 4' industrial site has received the highest commendation from the German Association for Sustainable Construction (Deutsche Gesellschaft für nachhaltiges Bauen; DGNB). The construction of the new engine plant represents a milestone in terms of sustainability, as the Porsche underwent the process of DGNB-certification for the first time for its development of the 'Werk 4' site in Zuffenhausen, which covers over 28 hectares and includes the new engine plant.
Porsche will be investing over 300 million euros in its headquarters in Stuttgart-Zuffenhausen, through 2016. Along with the new engine plant the company is converting existing buildings previously used for gearbox manufacture into central vehicle workshops. A training center for the youngest Porsche employees is being built on land where a tram depot once stood. In order to realize these forward-looking projects, and develop the inner urban factory spaces, Porsche AG effected a number of acquisitions, increasing the extent of its property in Stuttgart to over 600,000 square meters, roughly double the previous size.
Other plans for investment include 500 million euros to expand the plant in Leipzig to handle full production of the Panamera. In addition, a further 25 million euros will be invested for the future assembly of components for the Porsche Cayenne at the multi-brand site in Osnabrück.
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