The aluminum die-casting specialist LMG Manufacturing today inaugurated its new production hall in Hoym/Seeland after a construction period of just ten months. Sven Schulze, Minister of Economics, Tourism, Agriculture and Forestry for the state of Saxony-Anhalt, said: "Saxony-Anhalt has long been an attractive location for companies in the automotive supply industry due to its central location and proximity to major manufacturers. The expansion of the site by LMG Hoym shows that the company is meeting the challenges of structural change in the industry with innovative solutions. I am very pleased that the state of Saxony-Anhalt has helped to implement the project at this speed by approving it promptly. This not only creates new jobs, but also promotes the further economic development of the region. This will accelerate our course and continue to put Saxony-Anhalt in the fast lane."
LMG is a subsidiary of Jaya Hind Industries from Pune in India. The aluminum specialist produces lightweight components for vehicle manufacturers. These include engine mounts, unit carriers and housings for auxiliary units used in combustion engines, hybrid vehicles and all-electric cars. Jaya Hind's owner and Managing Director Prasan Firodia says: "75 years of Indo-German partnership and the technical expertise of the parent company Jaya Hind Industries with its strong vertical integration of technologies are leading LMG into a future of electromobility."
The expansion of the site in Hoym has been dynamic: the ground-breaking ceremony took place in March 2023, followed by the topping-out ceremony in May 2023. Series production will officially begin with the inauguration of the production hall. Within nine months, the number of employees has risen from 140 to 240. LMG has thus become a major employer in the region.
The recipe for success for this rapid growth lies on the one hand in the trusting cooperation with the authorities and on the other hand in the close cooperation with industrial partners for construction, production and automation technology. Markus Bauer, District Administrator of the Salzland district, says: "With the new production hall, LMG in Hoym is focusing on innovative and therefore future-oriented technologies in the mobility sector. As a supplier to renowned car manufacturers, the company is an excellent fit for the Salzland district as an attractive business, residential and scientific location." He was delighted that the project had been implemented in such a short space of time. This was also possible thanks to the work of the district administration. Markus Bauer thanked all the partners involved for their excellent cooperation.
Another milestone at LMG is the leap from manual to fully automated production processes. This enables more efficient production and strengthens LMG's competitiveness. By developing a specialized process technology for combining aluminium die casting and plastic injection moulding, LMG has created a new unique selling point throughout Europe. This step underlines the company's innovative strength and commitment. LMG's portfolio also includes the manufacture of casting and punching tools as well as the necessary mold inserts and milling devices - also in cooperation with specialists from Jaya Hind Industries in India. Product finishing and further mechanical processing are carried out in the company's own die-casting and downstream production facilities.
LMG Managing Director Clemens von Reyher emphasizes: "The foundation of the success is the trusting and loyal cooperation of the employees within LMG as well as the close support from our main customer, BMW AG from Munich." BMW Division Manager Dr. Wolfgang Blümlhuber adds: "LMG can be particularly proud to have developed into an important Tier 1 supplier for our company!"
Dr. Robert Franke, Managing Director of Investitions- und Marketing-gesellschaft Sachsen-Anhalt mbH (IMG), which has been supporting the company for many years, joins in the congratulations on the start of production and says: "The capacity expansion at LMG Hoym not only means a growth spurt for the company itself, but also shows an important perspective in the transformation in the automotive sector. We wish LMG every success in realizing its high ambition of contributing parts from Hoym to every German e-vehicle."