Kautex Textron GmbH & Co. KG Celebrates Expansion of Bonn, Germany Headquarters

February 7, 2018

BONN, GERMANY (17 January 2018)

Kautex Textron GmbH & Co., KG (Kautex), a Textron Inc. (NYSE: TXT) company, celebrated the expansion of its Bonn, Germany headquarters. 

The opening of the new building was attended by Mayor Ashok-Alexander Sridharan and Thomas Mertgen will, lead architect for the project, along with Kautex’s President & CEO Jörg Rautenstrauch.

The new building is 4000 sq. meters including 2500 sq. meters of seven open-plan offices holding up to 240 employees, meeting rooms and a new 560 sq. meter canteen seating up to 500. The building will house the Sales, Sales Administration, Design Engineering and Program Management teams currently based in Bonn.

In keeping with the company’s efforts to reduce environmental impact, it uses a variable refrigerant flow (VRF) System for heating and cooling through ceiling circulation and floor circulation in the canteen. It also boasts a central ventilation system with heat recovery.

Mayor Ashok-Alexander Sridharan said that with 2 locations in Bonn, in Holzlar and Duisdorf, Kautex plays an important role in providing skilled jobs to about 900 people in the region, including many from the 177 countries that are represented in Bonn and who are an important part of city’s international appeal.

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“This new location gives us a modern, professional facility in which to host our customers and improves the working environment for our Bonn employees.” said Jörg Rautenstrauch during the welcoming event. 

The existing headquarters building, built in the 1960s, will remain part of the Kautex Textron complex. Plans are in place to begin refurbishment of this facility in the near future, thus further signifying the company’s commitment to its employees and the region. 

In addition to the new facility, the company is increasingly investing in product and prototype development at the Bonn-Holzlar facility.

“New technologies and services such as autonomous driving, e-mobility and ride-sharing are causing tremendous disruption throughout the entire automotive industry,” continued Rautenstrauch. “Kautex mush ensure we have the right products and solutions in place to meet both current and future customer requirements.  

Founded in 1935, Kautex pioneered plastics processing and blow molding technologies.  The company produced its first blow molding machines in 1949 and began production of blow molded bottles. In 1964, with the success of the first prototype plastic fuel tank, the company entered into the automotive market. Today, the company is located in 14 countries and is a Tier One supplier for numerous automotive OEMs worldwide. The company produces fuel systems, selective catalytic reduction systems, clear vision systems (CVS) and camshafts for automotive use, and a wide range of industrial packaging.

"The opening of the new headquarters signifies Kautex’s continued commitment to Bonn and the North Rhine-Westphalia region" - Jörg Rautenstrauch, President & CEO

About Kautex

At Kautex, we are driving the future. As a Tier One automotive supplier with more than 30 plants in 13 countries, Kautex designs, develops and manufactures traditional and hybrid fuel systems, advanced cleaning solutions for assisted and autonomous driving, engine camshafts and plastic industrial packaging solutions. A pioneer in the design and manufacture of automotive plastic fuel systems, Kautex is expanding its portfolio to offer smart products and data-driven services to our customers, including thermoplastic composite and composite-metal hybrid battery systems. From a lightweight battery system to a hybrid fuel system to autonomous drive vehicle cleaning systems, Kautex is committed to pioneering solutions for the era of new mobility.

Our employees are part of a global community committed to solving customer needs, leveraging diverse skillsets, making sustainability a differentiator, embracing the diversity that is part of a global, multi-industry leader and creating an environment where employees can build a dynamic career. Together, we are reimagining the future of mobility.

About Textron Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.

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