Commercial Vehicle Group (CVG) announces manufacturing plant in Tangier
The opening of a new manufacturing plant in the Moroccan city of Tangier was announced on Tuesday by US-based Commercial Vehicle Group (CVG), a company specialising in the creation of electrical systems and accessories for automobiles.
Rich Tajer, president of Electrical Systems and chief commercial officer of CVG, proudly said, "Today we take another step forward by announcing the expansion of our global electrical systems manufacturing footprint with a new state-of-the-art facility in Tangier, Morocco."
He cited Morocco's wealth of expertise in the electrical manufacturing industry, saying it offers an "ideal location for our new facility, strengthening our ability to serve our customers in the expanding electrical systems market".
Initial production of electrical wiring harnesses for the automotive industry will be the main focus of the factory, which will be approximately 30,000 square feet in size. For various markets, including construction and agriculture, CVG said it will expand and boost its capacity to produce "hundreds of thousands" of wiring harnesses annually by 2024.
The company highlighted Tangier's advantageous location, stating that "Tangier will act as a critical hub in CVG's global network while supporting the local economy". "Morocco, with its large pool of technical talent in the electrical manufacturing sector, offers an ideal location for our new facility," it added.
According to the press release, the new facility is expected to initially generate 250 direct jobs, with plans for significant employment expansion in the future. CVG thanked the local and national governments of Morocco for their assistance during this venture. Tajer described the cooperation with the Moroccan government as "instrumental" in the development of this project.
This expansion, according to CVG, reflects the company's dedication to growing its global electrification business and establishing its first major presence in Africa. The Ohio-based company stressed that it is committed to providing "real solutions" to challenging design, engineering and manufacturing problems, while fostering progress for its customers, markets and the communities it serves.
Increased foreign investment in the automotive sector and the facilities provided by the Alawi authorities make Morocco the leading automotive supplier to Europe, with the Tangier-Tetouan-Al Hoceima region accounting for 17% of the country's industrial GDP (Gross Domestic Product).