Newnan, Georgia — According to state and local economic development sources Semperit Group plans to invest $9,000,000.00 to build out 150,000 square feet of new space in Newnan. The company plans to occupy the new space at Coweta County Industrial Park in Newnan, on or about November 1, 2021. According to the company website The listed Semperit AG Holding is an internationally oriented group of companies that develops, produces and sells highly specialized rubber products in the industrial and medical sectors: hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, products for railway superstructures and inspection and surgical gloves. The head office of the traditional Austrian company, which has existed since 1824, is in Vienna, the worldwide R&D center in Wimpassing, Lower Austria. The Semperit Group employs around 7,000 people worldwide, around 3,800 of them in Asia and around 900 in Austria (Vienna and the Wimpassing production site, Lower Austria). The group has 14 production sites around the world and numerous sales offices in Europe, Asia, America and Australia. In the 2020 financial year, the group achieved sales of EUR 927.6 million and an adjusted EBITDA of EUR 208.6 million.

To learn more about Semperit Group, visit http://www.semperitgroup.com/

Company Contact:
Martin Fuellenbach, Chief Executive Officer
https://www.linkedin.com/in/dr-martin-f%C3%BCllenbach-94469989/
800-631-2566

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