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New FCS China plant with most modern facility
07 Mar '08
3 min read
"High economic growth in China is an especially important factor in terms of meeting our long-term strategic and economic goals," Hanno D. Wentzler, the Freudenberg Group Regional Representative in China and President and CEO of the Freudenberg Chemical Specialities Management Board, commented at a press conference in Qingpu on March 6. "Demand for high-quality lubricants and release agents has been rising for years in line with growth in major key industries in China."
The Group and its partners have now invested some 130 Million Euros in buildings, new production facilities and modernized lines, environmental protection and quality assurance since 2000. Group sales in the country have more than doubled in this period and is about 340 million Euros. To be near the regional customers the Freudenberg Group is also investing in other projects in China.
A new company for vibration control technology which will produce air springs for trucks, buses and trailers is currently being set up in Yantai. At the Suzhou location it is investing in a new line which will produce headliners for almost all types of automobile commonly available in China from August 2008.
The Freudenberg Group can look back on more than 100 years of business relations with customers in China. Freudenberg and its partners established their first subsidiaries in China over 25 years ago. Today, the company employs some 3,600 associates at 14 production facilities and 26 sales offices. The Freudenberg Group's joint venture partner NOK operates a further 7 production plants and employs an additional 5,200 people.
"As a family company, Freudenberg is well-known for its long-term commitment," Hanno D. Wentzler said. "China, like other regions in the world, sets high standards as regards quality, technology leadership and customer orientation. Our business development reflects this concept."
The Group and its partners have now invested some 130 Million Euros in buildings, new production facilities and modernized lines, environmental protection and quality assurance since 2000. Group sales in the country have more than doubled in this period and is about 340 million Euros. To be near the regional customers the Freudenberg Group is also investing in other projects in China.
A new company for vibration control technology which will produce air springs for trucks, buses and trailers is currently being set up in Yantai. At the Suzhou location it is investing in a new line which will produce headliners for almost all types of automobile commonly available in China from August 2008.
The Freudenberg Group can look back on more than 100 years of business relations with customers in China. Freudenberg and its partners established their first subsidiaries in China over 25 years ago. Today, the company employs some 3,600 associates at 14 production facilities and 26 sales offices. The Freudenberg Group's joint venture partner NOK operates a further 7 production plants and employs an additional 5,200 people.
"As a family company, Freudenberg is well-known for its long-term commitment," Hanno D. Wentzler said. "China, like other regions in the world, sets high standards as regards quality, technology leadership and customer orientation. Our business development reflects this concept."
Freudenberg & Co. KG
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