News & Views
Spanish Site Doubles Production Capacity for Temperature Control Technology
Nov 10 2022
Temperature control specialist Lauda Dr R. Wobser GmbH & Co KG, Lauda Ultracool, SL, has officially inaugurated its new production site in Terrassa, near Barcelona, marking the completion of the first construction project abroad for the company. The family company has invested around seven million euros in the new-build, creating around 4,000 m² of new production areas and almost 1,000 m² of office space on the 9,000 m² site. The resulting doubling of production capacities for Lauda Ultracool circulation chillers, is set to meet growing demand worldwide for energy-efficient industrial cooling, said the company. The expansion of the Spanish subsidiary is strategically aligned with Lauda’s ambitious Drive250 strategy project, which aims to more than double company revenue within five years.
Along with the workforce and Managing Director of Lauda Ultracool, Xavier Armengol, the festivities were attended by high-ranking representatives from Germany, including President & CEO Dr Gunther Wobser and his father Gerhard Wobser, as well as Managing Directors Dr Marc Stricker and Dr Mario Englert. Regional representatives included the Mayor of Terrassa Jordi Ballart and Deputy Mayor Núria Marin, and Patrick Heinz, the Deputy Consul General of the German Consulate General in Barcelona. Speeches by Ramon Talàmas, President of the Terrassa Chamber of Commerce, Joan Romero, Representative of the Catalonian Government and CEO of ACCIO, an organisation to ensure the competitiveness of Catalonian businesses and Antoni Abad, President of the CECOT Entrepreneurs’ Association, praised the contribution and commitment of Lauda to the burgeoning economic region of Catalonia.
“In recent years, Lauda Ultracool has grown steadily and successfully positioned itself on the market with modern, energy-efficient circulation chillers,” said Dr Marc Stricker, summarising the developments of the last few years. “The new build will create urgently needed capacities for our biggest overseas subsidiary, both in production and for the further expansion of the product line. Accordingly, this important investment is perfectly in line with our Drive250 growth strategy.”
“Like in 2011, when we acquired the Spanish subsidiary, we are showing courage and investing during difficult times,” remarked Dr Gunther Wobser during his festive speech. “That’s why it is all the more important that we as a company send a visible signal of confidence and determination. By doing so, we can write our success story together.”
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