Oerlikon strengthens its presence in China

16 Nov '07

3 min read

Since the opening in the beginning of 2006 the production capacity for textile machines was nearly tripled to 1200 units.

This sustained strong growth encouraged Oerlikon to provide the basis for a continuation of the positive development by opening a further coating center on the grounds of the Oerlikon textile factory and also laying the foundation stone for extending this factory.

With additional floor space of approx. 30,000 square meters the textile factory in Suzhou is being extensively enlarged. The first Oerlikon Textile machines should roll off the production line in this new section of the plant already in the fourth quarter of 2008.

The Coating Center which has just been opened has 2000 square meters of floor space and three innovative coating systems and is rightly sized to serve the rapidly growing local market for the coming years.

The synergies of the group could be utilized optimally in developing the Coating Center in Oerlikon Textile's existing building. Oerlikon Coating benefited from the modern infrastructure of its sister segment. The experiences gained by Oerlikon Textile in developing a regionally focused supply chain play a major role in the coating sector.

Oerlikon Balzers is planning to open an additional Coating Center in 2008 to strengthen its regional presence in China and Asia.

At present the Chinese coating market has only a small share of the global market with 4 percent but has the largest annual growth rate with over 50 percent.

"As the world's leading supplier of coatings for tools and components, we are participating in an above average way of China's upswing in becoming one of the leading industrial nations and in the development of the Chinese high tech manufacturing and automobile industry in particular “, said Oerlikon's CEO Krüger.

OC Oerlikon Management AG

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