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3w ago

Thyssenkrupp Confirms Closure of Hagen-Hohenlimburg Spring Plant

The shutdown will eliminate around 300 jobs, with a two-year transition period preserving 30–40 roles as the company exits its springs and stabilizers business.

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Thyssenkrupp macht dicht: Werksschließung trifft 300 Mitarbeiter
Ein Thyssenkrupp-Werk in NRW soll noch rund zwei Jahre weiterlaufen – dann ist Schluss.

Overview

  • Thyssenkrupp has finalized plans to close its Hagen-Hohenlimburg spring plant, citing economic pressures including weak automotive demand, high energy costs, and competition from China.
  • Approximately 300 employees are expected to lose their jobs as part of the plant's closure, which will occur over a multi-year transition period.
  • The company will retain 30–40 positions during a two-year transition, with the potential for roles to continue under a new owner pending ongoing sales negotiations.
  • Thyssenkrupp is advancing its exit from the springs and stabilizers business, including the sale of the Hagen plant and its associated development and prototyping competence center.
  • The restructuring reflects broader challenges facing German industry, with unions and regional governments urging measures to mitigate the social impact of job losses.