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Saturday, 20.04.2024, 10:47
Transportation Containers for Jaguar, Bentley and Airbus Components to Be Produced in Plungė
“When a new
investment plan was developed, we considered Lithuania alongside Romania and
the UK,” said John Tariq Marfani,
the Director of MJ Systems. “We chose
Lithuania because we had already had some positive experiences with the car
industry here; we are very impressed by the professional work ethic and
enthusiasm. We also consider it important that the country is near our major
markets in Western Europe as this makes the logistics costs competitive.”
In Plungė,
the company will manufacture container systems for transporting different
vehicle components. The container systems are engineered to ensure the
transported parts are not damaged, while at the same time keeping logistics
costs as low as possible. Most of the services and materials necessary for the
manufacture of these systems will be purchased from Lithuanian suppliers.
With
factories in the UK and India, the company supplies its container systems to
well-known brands such as Jaguar,
Bentley, Volvo, Ford, Toyota, and BMW.
The company also produces the transportation systems used by Airbus to transport flaps for its A320
aircraft. As representatives from the company explained, this is an extremely
complicated project due to the non-standard dimensions of the part and its
susceptibility to damage.
Gediminas Koryzna, Team Lead of Manufacturing team of the
foreign direct investment agency Invest Lithuania, believes investments like
the one by MJ Systems play a key role in the local economy. “Investment
projects in the car industry should be considered ‘trump cards’ in terms of
enabling the diversification of direct foreign investments,” Mr Koryzna points
out. “Production factories used for vehicle components and for products used in
this industry usually provide jobs both for highly skilled specialists and for employees
with lower qualifications. That means investment products like these are one of
the best ways to stimulate the regional economy.”
The company
hopes that the factory in Plungė will develop and produce a wider range of
products in the future.