In the summer of 2022 it was a bit of a shock: German car supplier Mahle announced that it would close its factory in Mattighofen (Upper Austria) and its 120 employees at the end of 2024. After production ended over the summer, it finally ends today, December 31st.
The location in Mattighofen is no longer competitive in terms of price and therefore they are forced to take action; The production of oil coolers for passenger cars with combustion engines will gradually be moved to Krotoszyn/Poland – the German automotive supplier Mahle announced this bad news in July 2022.
17 months later, today, December 31, it’s actually over. Production ended in the summer and the final work was recently carried out to return the building to the landlord.
The Mahle factory in Mattighofen was located in the immediate vicinity of motorcycle manufacturer KTM, where the battle for the future has been in full swing since the opening of bankruptcy proceedings at three companies. In that respect, the end of Mahle is almost a side note, even though 120 people were working here when the closure plans were announced.
What happened to the Mahle employees? Those affected were given the opportunity to move to other business locations. It is said that the majority of employees have accepted the social plan.
140 employees in the metal foundry in Vöcklabruck
Mahle himself heralds the next step of transformation around the turn of the year. The group structure will be streamlined and production locations closely linked to the combustion engine will have more opportunities to become involved in future topics. What this means for the individual companies in the network remains to be seen. Mahle is still represented in Upper Austria: In Vöcklabruck, the metal foundry currently employs 140 people who produce cylinder liners for combustion engines, piston ring carriers and anti-polishing rings.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
