With its grand opening in April of this year, Nissha Advanced Technologies Europe GmbH sent out a strong signal for the future of Thuringia as an automotive business site: The new facility at the Waltershausen location doubles the company’s production area. The Nissha Group is investing more than 20 million euros in the expansion, supported by around 1.8 million euros in funding from the Joint Scheme for Improving the Regional Economic Structure. The new production facility will be used to manufacture highly functional films for electric vehicle exteriors. These innovative components integrate electrical wiring, heating elements, sensors, and connections – making vehicles not only smarter, but also more efficient. “This investment is a ray of hope for the entire auto parts industry in Thuringia,” said Colette Boos-John, Minister for Economic Affairs, at the opening ceremony. Waltershausen’s mayor Leon Graupner and representatives of the Erfurt Chamber of Industry and Commerce and LEG Thüringen also praised the company’s commitment. Nissha Advanced Technologies Europe GmbH, which started out as Schuster Kunststofftechnik GmbH, now employs more than 230 people. It develops and manufactures plastic parts using multi-component injection molding and IML technology, partly under clean room conditions. The new facility not only strengthens Nissha’s market position but also secures Thuringia’s position as an excellent place to do business.