Stein am Rhein, June 06th 2024
Fostag Formenbau AG announces that it is planning to purchase a plot of land of approximately 12,000 square meters in Schööfferwis. This strategic investment is intended to lay the foundations for future growth and secure the company's position as a major employer in Stein am Rhein.
The Stein am Rhein residents' council will decide on the planned acquisition on 28.06.2024. With the purchase of the construction land, Fostag intends to expand its production and administrative capacities to meet the increasing demand for its products and services. “With this planned purchase, we are laying the necessary foundations for long-term success and consolidating our role as an attractive and reliable employer in the region,” explains Markus Mühlemann, CEO and co-owner of Fostag Formenbau AG.
The city of Stein am Rhein welcomes the planned investment by Fostag AG and considers it an important contribution to the economic development and preservation of jobs in the region. The planned acquisition of the property in Schööfferwis underlines the company's commitment to the location and its future sustainability.