TitanX Engine Cooling recently inked a deal with CTP to open a 4000 m2 facility in Opole, Poland and has already begun moving in.
The Swedish tier-1 supplier to the commercial vehicle industry has plants in Sweden, the USA, Mexico, China and Brazil and the company selected CTPark Opole as the perfect spot for expansion. “We chose Opole because it fits our requirements perfectly – the city is close to customers and suppliers and has a good base for recruiting staff,” says Matt Moore, head of TitanX aftermarket business area TitanXtend.
CTPark Opole is strategically placed in southwestern Poland, near many of the truck manufacturers and suppliers in the heavy vehicle industry. It is also a good place for recruiting skilled people who wants to work in a midsized international company. With additional land available, this park has a planned built-up area of nearly 71,000 m2.
“I am happy to welcome TitanX and look forward to working with them to ensure every success for their activities here in Poland,” said Hendrik Jung, Director of Key Accounts at CTP.
TitanX Engine Cooling is a global supplier of powertrain cooling solutions to commercial vehicles, both for OEMs and the independent aftermarket. TitanX with annual sales of ca SEK 2 billion SEK, has near 900 employees worldwide. The company is headquartered in Gothenburg, Sweden and has development and manufacturing sites in Sweden, USA, Brazil, China and Mexico. Since 2017, TitanX is owned by Indian Tata AutoComp.
CTP is a full-service, commercial real estate developer and manager, specializing in the delivery and management of custom-built, high-tech business parks for leading international and domestic companies making strategic investments in new or expanded operations in Central Europe. CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central and Eastern Europe, with over 4.7 million sqm of A-Class properties in more than 90 strategic locations. CTPs plan is to grow the portfolio to 10 mio sqm of lettable space by extending cooperation with existing partners.