Kemet opens its second factory in North Macedonia

At the company’s first North Macedonian factory Kemet produces capacitors for the automotive industry and various other industrial applications. The site currently employs a workforce of 400. However, there is a plan to grow to 500, 600 and later 700 in the medium term at the site, according to a press release from the North Macedonian government.

The new factory – which is located near the country’s capital Skopje and is the result of a EUR 23 million investment – is expected to create as many as 360 new jobs, the press release continues.

Evertiq has reached out to the company for further details about the new facility.