DGAP-News

Grammer AG: Production start at new Grammer plant in the United States

DGAP-News: Grammer AG / Key word(s): Miscellaneous
Grammer AG: Production start at new Grammer plant in the United States

22.01.2015 / 11:18

---------------------------------------------------------------------

Production start at new Grammer plant in the United States

- Production of seating systems for the offroad segment

- Preparations for the production of automotive center consoles

Tupelo, MS, United States / Amberg, Germany, January 22, 2015 - Production
has started successfully at Grammer AG's new plant in Tupelo, Mississippi,
at the end of 2014. Only twelve months after the official ground-breaking
ceremony, suspended seats are now being manufactured at the new Grammer US
headquarters for the Northern American commercial vehicle market. In
parallel with the completion of construction, all production lines at the
existing plant in Hudson, Wisconsin, have been relocated at the new plant
in the southern United States. The Hudson facility will continue to operate
as a sales and engineering center to provide optimum service for commercial
vehicle customers in this region.

Following the certification of the new facility by the main customers and
the successful start-up of seat production, preparations are now also
progressing ahead of the start of automotive production. 2016 will see the
production of the first Grammer center consoles at the Tupelo site for the
local automotive market.

With this new facility, the Grammer Group has further expanded its local
presence in the important Northern American market. Together with the
Group's two large production sites in Mexico and the sales and engineering
centers in Troy, Michigan, and in Hudson, Wisconsin, Grammer's two
divisions - Seating Systems and Automotive - are now excellent positioned
in the NAFTA region and will be able to continue on their successful growth
trajectory in the Northern American market.

"The Northern American automotive and commercial vehicle market forms a key
element of the Grammer Group's growth strategy. Over the last few years, we
have been able to grow at double-digit rates in the NAFTA region and,
moving forward, we want to continue this positive trend," says Hartmut
Müller, Chief Executive Officer of Grammer AG.

Company Profile
Grammer AG, Amberg, Germany, is specialized in the development and
production of components and systems for automotive interiors as well as
driver and passenger seats for offroad vehicles (agricultural and
construction machinery, forklifts), trucks, buses and trains. Our Seating
Systems division comprises the truck and offroad seat segments as well as
train and bus seating. In the Automotive division, we supply headrests,
armrests and center console systems to premium automakers and automotive
system suppliers.

Grammer is represented in 20 countries worldwide with a workforce of more
than 10,000 employees across its 30 subsidiaries.

Grammer shares are listed in the SDAX segment of the German Stock Exchange,
and are traded on the Munich and Frankfurt stock exchanges, via the Xetra
electronic trading platform and on the OTC markets of the Stuttgart, Berlin
and Hamburg stock exchanges.




Contact:
GRAMMER AG
Ralf Hoppe
Phone: [phone]
[e-mail]



---------------------------------------------------------------------

22.01.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


Language: English
Company: Grammer AG
Postfach 14 54
92204 Amberg
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München;
Freiverkehr in Berlin, Düsseldorf, Hamburg, Stuttgart


End of News DGAP News-Service
---------------------------------------------------------------------
315575 22.01.2015