Berlin expansion for Swissbit Flash-memory solutions
Swissbit has purchased an area in Berlin-Marzahn’s CleanTech Business Park for the new production and development plant. The budget for the expansion, including machinery and staff, will be around 20 million euros. The new plant will be in close proximity to the existing Swissbit facility, ensuring a seamless connection between the two.
Silvio Muschter, CEO of Swissbit said, “With the decision to invest in a new facility in Berlin, Swissbit underlines its commitment to high-tech manufacturing in Germany and its business location in Berlin. The requirements of digitization and Industry 4.0 mean our high-reliability memory products, especially those with security functionality, will be in high demand”.