Freudenberg Plan a Steady Expansion in China

Resource from: cbcc-yinx Likes:2920

Jan 15,2007

Freudenberg Plan a Steady Expansion in China Freudenberg Group, the world famous supplier of auto related seals and vibration control components, has announced recently that they will further expand their businesses in China in next few years. Reportedly, it's by forming a joint venture with Japanese NOK, the NF Group, that Freudenberg had their presence in China. The joint venture include two subsidiaries, Changchun NF Oil Seal Co.,Ltd (since 1993) and Wuxi NF Oil Seal Co.,Ltd(since 1995). At present, the artificial ruber mixing line have been put into practical use in the Wuxi company. They can produce radial axle seal, absorber seal, air valve seal, O-seal and other seals for auto. Additionally, NF Group have built their production base for industrial products in Taicang. And it has begun formal production in last year. Statistically, Freudenberg's annual sale in China has reached Euro250 million. Freudenberg is a family company offering its customers technically challenging product solutions and services. With 441 companies in 55 countries and with its business partnerships, the company is present on all of the world´s major markets. The automotive industry (original equipment manufacturers) is the largest customer grouping for Freudenberg products, accounting for a share of 40 percent. Products delivered by the Group to this sector include seals, vibration control components, filters, automotive carpeting reinforcements, engine compartment insulation and auto headliners, lubricants and release agents.

(cbcc-yinx)

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