Contact us

State Development Corporation of Thuringia (LEG Thüringen)

Dept. Investment, International Business and Cluster Promotion

Mainzerhofstraße 12
99084 Erfurt
Phone: +49 (0) 361 5603-450
Fax: +49 (0) 361 5603-328
write an email

| Invest in Thüringen

Intercord dedicates new R&D center

Mühlhausen has long been a production hub for technical yarns, especially for the automotive industry. Its footprint is now set to grow: A new development center was officially commissioned on Intercord’s Mühlhausen premises in mid-June. The company enlarged the research department, too. Intercord will conduct tests at the new development center, while customers and suppliers will have an opportunity to perform material testing of their own. Intercord’s Managing Director Ramazan Yasbay believes the center will provide a comprehensive overview of the products and materials that customers want.

The CEO described the sale of the company last October to USbased Beaver Manufacturing Company (BMC) as a “lucky thing” and called the family-owned company a good choice. Electric mobility, too, is an important issue for Intercord. New engines will mean new requirements for technical fibers. The company and its 90 employees appear well prepared. Its next investment is already in the pipeline: Intercord plans to build a new factory on an adjacent plot in 2023. (maa)

Ramazan Yasbay, Managing Director Intercord and Michael Dubin, President & CEO BMC at the new development center. Photo: Intercord

Ramazan Yasbay, Managing Director Intercord and Michael Dubin, President & CEO BMC at the new development center. Photo: Intercord