KTM Bicycles Builds New Factory Thanks To E-Bike Boom
MATTIGHOFEN, Austria - The bicycle manufacturer is investing 10 million euros in an all new production facility at its headquarters in Mattighofen. "From mid-July, the 45-year-old hall will be demolished to build a new 5,000 square meters new production facility," KTM Bicycles CEO Stefan Limbrunner confirmed on the Austrian radio ORF yesterday.
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