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TR Fastenings Opens New Facility in Hungary
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2022-11-25
TR Fastenings Hungary Kft, part of the Trifast plc Group, is celebrating the opening of its new purpose-built facility in Budapest, building on years of rising demand in the region.
Located in the southern suburb of Szigetszentmiklós, Budapest, TR Fastenings Hungary Kft is a fastener and Cat C supplier to international OEM’s and their subcontractors not just in Hungary but in the seven countries that border them. The new 3,500 sq. metre modern facility has 9.5 metre eaves in the warehouse and is a high-capacity distribution facility that is ready to support TR’s future European growth strategy.
TR Hungary was first established in 2000 and has grown considerably in that time, quickly outgrowing two previous locations. Its rapid growth has been a real success story for TR and the region alike. It has come about through rising demand from large multinational household brands, many of which TR supplies to elsewhere in the world. Hungary has historically been a lower cost production region but with a highly skilled available workforce making it ideal for this kind of strategic investment. Hungary has a central location in Europe with seven countries on its border, which is perfect for distribution hubs.
The TR Hungary team is fully supported by the Group encompassing Sourcing, Technical and Design, Commercial, Financial, HR and Marketing support.
TR Fastenings
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Hungarian new plant
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C-parts
distribution hub
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2022-11-25
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