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Published: 10:11 11.03.2005 GMT+1 /HUGIN /Source: Trelleborg /SSE: TRELB /ISIN: SE0000114837
Trelleborg inaugurates new plant in Wuxi, China
Today, the Trelleborg Group is inaugurating a newly constructed plant for its Automotive business area in Wuxi in China's expansive Shanghai region. With increased production capacity in this state-of-the-art plant, Trelleborg will now be better able to meet increasing demand from the automotive industry in China.
The Wuxi plant, which has approximately 300 employees, will produce antivibration systems and other vehicle components. The plant replaces an earlier Trelleborg facility in Wuxi and represents a doubling of production capacity. The plant has a total area of nearly 20,000 square meters and has been designed according to high standards with regard to environmental considerations. Trelleborg Automotive has also recently opened a technical center in Shanghai.
"This is another stage in strengthening our leading position in China," says George Caplea, President of the Trelleborg Automotive business area. "We now have a best-in-class facility with enough capacity to meet growing demand, while we are also able to offer very favorable technical-development capacity, benefiting both domestic and international customers."
The inauguration, which will take place today, Friday, will be attended by guests from all around the world.
Trelleborg Automotive is a leading global supplier of antivibration products and flow systems, primarily to the light vehicles industry. The business area has annual sales of approximately SEK 9,200 M, with some 9,600 employees in 14 countries on four continents. The head office is located in Michigan, in the US. The business area has continually strengthened its positions in Asia through measures including the acquisition of vehicle components company Kunhwa Co Ltd. of South Korea in 2003. The Wuxi unit is owned 55 percent by Trelleborg and 45 percent by the Wuxi Guolian Group.
Further information can be obtained from Trelleborg's Senior Vice president, Corporate Communications, Mikael Byström, +46 (0)410-670 37, +46 (0)708-552169 or from Viktoria Bergman, Vice President, Corporate Communications, +46 (0)410-67094, +46 (0)708-475733
Trelleborg is a global industrial group. Operations are based on spearhead competence within polymer materials and a high level of industrial know-how, combined with functional solutions and systems designed to meet the needs of customers. The Trelleborg Group has annual sales of approximately SEK 23 billion, with about 22,000 employees in 40 countries. Trelleborg consists of five business areas: Trelleborg Automotive, Trelleborg Wheel Systems, Trelleborg Engineered Systems, Trelleborg Building Systems and Trelleborg Sealing Solutions. The Trelleborg share has been quoted on the A list of the Stockholm Stock Exchange since 1964.
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