- Total building area of 80,000 square meters, in which 20,000 square meters for phase I
- Another significant step for ensuring further growth in the Chinese market
- Further expand powertrain product portfolio to better serve customers locally and globally
Wuhu /Shanghai, China, 16-Apr-2018 — /EuropaWire/ — The technology company Continental celebrates groundbreaking of its greenfield facility in Wuhu, China, dedicated to powertrain components. The new production facility is located in the Wuhu Economy and Technology Development Zone, and covers an area of 80,000 square meters. With an initial investment of close to 28 million Euro for land and building, project phase I will cover a total land of around 20,000 square meters, providing around 8,000 square meters of shop floor, more than 9,000 square meters of storage space, 700 square meters of office area, and 1,500 square meters of other supporting facilities area. Construction will start in the second quarter of 2018 with production scheduled for the third quarter of 2019.
The facility will have a total of 24 production lines installed to produce various drivetrain products including sensors and actuators as well as fuel and exhaust management components. With this approach, Continental follows its local for local strategy to better serve the customers in China and beyond.
Enno Tang, President and CEO of Continental China underlines, “Our investment in this new facility demonstrates our strong confidence to the Chinese market, and helps us further strengthen our production base in China to meet growing business demand. The new facility will offer the latest advanced ‘Clean Air’ system solutions to fulfill local market needs that not only satisfies the requirement of local support from customers and business partners, but also further manifest the commitment of corporate social responsibility to the Chinese market.”
“We are excited about continually expanding our investment in the Chinese market, and confident in achieving significant growth here,” said Shi Sen, General Manager of Wuhu Yinhu Plant. “The new facility will accelerate our development to a higher level. Continental will keep momentum to further streamline the manufacturing process and ensure quality. By offering the advanced products, we are able to better support customers to meeting stringent emission standards.”
SOURCE: Continental AG
Phone: +86 21 6080 3502
Fax: +86 21 6080 3263
Head of Communications China
Phone: +86 21 6080 4551
Fax: +86 21 6080 3263