Physik Instrumente plans third expansion of PI Ceramic

Motion control company Physik Instrumente (PI) is planning to invest approximately $13m (£8.1m) for the third extension of PI Ceramic’s piezo ceramics factory and R&D centre in Thuringia over the next three years.

At the ceremony, Physik Instrumente chief executive Dr Karl Spanner mentioned that even after adding 50 employees in 2010 at PI Ceramic, the company was getting close to its output capacity and is expected to hire another 20 to 30 people in 2011.