- EUR 20 million restructuring plan will transform the Turin facility into a diversified industrial hub.
- All 368 employees are expected to be retained and gradually integrated into the new organization.
The Lear Turin plant investment marks a new industrial transition following the cancellation of the FIPA project. During a meeting at the Ministry of Enterprises and Made in Italy (MIMIT), Lear presented a restructuring proposal for its Turin facility aimed at securing long-term manufacturing activity and employment stability.
Industrial acquisition proposal and investment scope
The initiative involves interest from Zetronic, a company within the Fulchir Group, which plans to acquire the Turin facility through its subsidiary Mechatronix. The proposal outlines an estimated investment of EUR 20 million to reorganize and diversify operations across multiple industrial segments.
Diversified production activities planned
The transformation strategy introduces six operational areas designed to expand the plant’s industrial capabilities. These include metal stamping and assembly of automotive components, production of mechatronic systems and wiring harnesses, aircraft seat manufacturing, construction of photovoltaic panel support structures, battery recycling operations, and assembly of L6 and L7 category electric vehicles.
Employment protection and transition timeline
A key objective of the Lear Turin plant investment is workforce protection. The project aims to safeguard all 368 employees currently working at the facility. Staff members are expected to be gradually integrated into the new corporate structure over a three-year transition period as production activities are progressively introduced.
The transfer process is anticipated to begin in the coming weeks, marking the start of a broader industrial repositioning that combines automotive manufacturing capabilities with emerging electrification and sustainable technology sectors.
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