Harman has been active in Székesfehérvár since 1995, with an earlier building expansion occurring in 2001. The company also expanded its activities for electronic production in 2006. The new plant is planned for full loading by July 2011, expanding the Company’s capacity and value-added capabilities for production of automotive loudspeakers, speaker systems and microphones. Total employment at the Székesfehérvár site is expected to reach 700 to 800 people, and the Company expects to double its export volume from Hungary.
A grant signing ceremony was held earlier today in Székesfehérvár, attended by several Harman executives, Mr. Istvan Varga, Hungarian Minister of Industry and local officials.
Harman International Incorporated (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment products for the automotive, consumer and professional markets. Harman International maintains a strong presence in the Americas, Europe and Asia, and employs around 9,500 people worldwide. The Harman International family of brands includes AKG®, Becker®, BSS®, Crown®, dbx®, DigiTech®, Harman Kardon®, Infinity®, JBL®, Lexicon®, Mark Levinson®, Revel®, QNX®, Soundcraft® and Studer®. Harman International’s stock is traded on the New York Stock Exchange under the symbol NYSE:HAR.