Nexteer Automotive Launches Electric Steering Plant in Morocco, Creating 500 Jobs

– bySaid@Bladi · 1 min read
Nexteer Automotive Launches Electric Steering Plant in Morocco, Creating 500 Jobs

The new factory of the Nexteer Automotive group will be officially commissioned on Wednesday, June 26th. It is part of the Peugeot-PSA ecosystem, whose factory was inaugurated on Thursday, June 20, 2019 by King Mohammed VI.

The industrial unit will initially produce electric power steering (EPS) systems, before expanding production to transmission systems, the company said at the launch of the work.

About 70 people were recruited last year. Among them are "Quality" engineers and "Product" engineers, "Quality" technicians, operators, as well as employees for the "Finance", "Human Resources", "Logistics" and "Information Technology" functions. By next year, 500 people should be employed in this factory, according to the company’s forecasts.

The new Nexteer production unit is built on 18,000 m2 and will be the first of its kind in Africa. The company’s representatives had signed a Memorandum of Understanding with the Moroccan authorities in July 2017, confirming the investment project.

"Nexteer is a global supplier of power steering and driveline systems. With this new project, which is the company’s 25th factory in the world, the automotive value chain is expanding and the sector is gaining in depth and technological density," said the Secretary of State to the Minister of Industry, Investment, Trade and Digital Economy, in charge of Investment, Mr. Othman El Ferdaous.

The Group employs more than 13,000 people worldwide and supplies the main automakers, including BMW, Fiat Chrysler, Ford, GM, Toyota and, of course, PSA.