Metaldyne Expands in China
PLYMOUTH, Mich., March 13 -- Metaldyne announced today that it has opened an office in Shanghai, China, as a prelude to establishing a manufacturing presence in the country. The office will support the development of the company's sales, technical and manufacturing capability in the country, as well as a purchasing activity to support Metaldyne's global material requirements.
"The new office is a logical step for Metaldyne, as the Asia-Pacific region is becoming an increasingly important growth area for our company," said Tim Leuliette, chairman, president and CEO. "Because of the strong economic growth projections for the region and the attractive economic environment, China will play a larger role as a customer for our products and as a supplier of our materials."
Fuping Liu, chief representative, Metaldyne China, will head the activity. About Metaldyne
Metaldyne is a leading global designer and supplier of metal-based components, assemblies and modules for transportation-related powertrain and chassis applications including engine, transmission/transfer case, wheel-end and suspension, axle and driveline, and noise and vibration control products to the motor vehicle industry. The company serves the automotive segment through its Chassis, Driveline & Transmission, and Engine Group.
Headquartered in Plymouth, Mich., Metaldyne has annual revenues of $1.5 billion. The company employs over 7,100 employees at nearly 50 facilities in 11 countries.
For more information, please visit http://www.metaldyne.com/ .