Thielert: Plant Opening in Altenburg

- Thielert opens third plant in Altenburg, Thuringia
- Increase in shipments of retrofit kits
- Introduction of a new assembly system

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Altenburg (euro adhoc) - Altenburg - Construction of the new plant of
the aircraft engine manufacturer Thielert Aircraft Engines GmbH, a
subsidiary of Thielert AG, in Altenburg, Thuringia, has been
completed. The plant will be inaugurated on December 15, 2006, and
operations will begin on the following Monday. The opening of the
plant will be accompanied by the introduction of a new assembly
system that delivers enhanced flexibility and larger volume while at
the same time enabling cost and time savings. Thus, the market
requirements can be better met, and the production of the retrofit
kits can be stepped up.

On Friday, December 15, 2006, Thielert Aircraft Engines GmbH will
celebrate the opening of its new plant in Altenburg, Thuringia.
Operations will commence on Monday, December 18, 2006. At the site,
which is directly connected to the Altenburg-Nobitz airport, the
production of aircraft engines and the research, development, and
test activities in connection with the kerosene-powered Centurion
aircraft engines will cover an area of 231,400 sq ft (29,400 sq ft
new useful space). "We are happy to be able to commission the new
plant according to schedule. These expanded capacities will
accelerate the integration of our aircraft engines in further
aircraft types in line with the company's growth," explains Frank
Thielert, Director of Thielert Aircraft Engines GmbH. The number of
shipments of retrofit kits has increased considerably over the past
few months, resulting in an urgent need for expansion.

Thielert will invest approximately 6.4 million euros in the new
location over a period of three years and have a workforce of
approximately 50 employees after just a short time. In particular,
the new employees have already been given intensive training over the
past few months in the plant at Lichtenstein/Saxony in order to
optimally prepare them for the new tasks, including working with an
improved assembly system for the kit assembly. "This system is
distinguished by a conclusive logistics concept between the two
locations of Altenburg and Lichtenstein as well as by its high
flexibility and expandability," explains Carsten Rudolph, Production
Manager at Thielert. For comparably low investment costs and a
shorter throughput time, the kit turnout can be increased
considerably and the logistics costs reduced significantly.

end of announcement euro adhoc 15.12.2006 09:11:16
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ots Originaltext: Thielert AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Sebastian Wentzler
Head of Corporate Communcation
Telefon: +49(0)40/696950-35
E-Mail: press@thielert.com

Branche: Machine Manufacturing
ISIN: DE0006052079
WKN: 605207
Index: SDAX, CDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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