Thun Announces Multi-Million Investment Program
ENNEPETAL, Germany – Thun expects a significant expansion of the European bicycle production and anticipates with a multi-million euro investment package in the next few years.
“The total investment program amounts 18 million euro,” says deputy CEO Alexander Thun. “This allows us to triple our production capacity and improve our efficiency, flexibility and quality even further.” Today Thun delivers up to 50,000 bb sets a day from its German production site.
Shipments to Asia
As of June Thun will ship a container with 100,000 bb-sets overland from Duisburg in Germany to Wuhan in China every week in order to utilize this hub for the distribution to the Asian markets. “Demand for quality bb-sets with square taper is growing in Asia”, says Alexander Thun. “Our company is strictly process and KPI driven and we use important tools from the Lean-6 Sigma model like FMEA, KAIZEN and CPK-analysis.”