Minebea, a Japanese automotive industry supplier, will invest EUR 60 million in a new factory in the city of Kosice, Eastern Slovakia. The investment may increase to EUR 100 million and may also include a research & development center, if all goes well.
The company also considered Romania for opening the new plant, according to the Slovak newspaper Slovak Spectator. Although labor costs are lower in Romania, Minebea chose Slovakia for its higher availability of well-trained engineers and technicians.
