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Lithuanian SBA Group to invest in the US market

The SBA Group has announced a strategic decision to invest in the U.S. 'Establishing a Lithuanian-owned factory in the U.S. market — would be a significant moment not only for the SBA Group but also for the entire Lithuanian manufacturing sector. It would be proof of what we can achieve through persistent work and continuous investment in our people's competencies and technological innovations. This is also reflected in the long-standing trust of our global partner, IKEA. The SBA team is doing tremendous work to turn this vision into reality. There is still a lot of groundwork to be done, but we hope to successfully complete it and begin production by the end of next year,' says Jurgita Radzevičė, CEO of SBA Home on the company's LinkedIn page.


Photo: SBA Group.

The upcoming factory will feature advanced automation and is set to begin operations in one year, creating approximately 200 jobs. A decision on its location will be made soon, with various East Coast sites under consideration for their strategic advantages in raw material sourcing and workforce recruitment. The necessary equipment for the new facility has already been acquired and is currently being packed into containers in Germany, with nearly 300 containers needed in total.

'The project is led by an experienced team of professionals from SBA Group companies. Thanks to their incredible efforts, we've made significant progress and aim to complete the project by next October. I'm proud to work with such a team. Part of the team will move to the U.S. to work on-site, opening up opportunities for new talent to join SBA here in Lithuania,' says Radzeviče.

Source: www.linkedin.com

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