Next Generation Motor Growth Leader NanoMuscle Opens China Design Center to Serve Worldwide Toy and Automotive Industries
Company to Hire Research and Development Engineers to Advance Next Generation of Miniature Motors for Toy and Auto Makers Around the World
HONG KONG, June 24 -- NanoMuscle, the growth leader in the next generation motor industry, has opened its product design center in Shenzhen's Special Economic Zone in Southern China. The new facility follows the opening of NanoMuscle's regional headquarters in Hong Kong earlier this year and will continue to build on collaborative relationships with toy and automotive customers that have operations in the Pearl River Delta and elsewhere in China.
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Located in Futian, Shenzhen, the new center will employ approximately 100 local employees with some US-based executives relocating. The new center will be an important part of NanoMuscle's global research and development efforts.
"Southern China has the largest concentration of toy manufacturers in the world and in turn a rich population of highly skilled engineers and developers," said Rod MacGregor, CEO and co-founder of NanoMuscle. "Our new facilities are aimed at ensuring customers can realize the full benefits of deploying silent, low cost NanoMuscle motors in their products -- from the initial design stage through high volume production."
Unlike the old, traditional electromagnetic motors, NanoMuscles use smart materials to create movement. These materials allow NanoMuscle motors to have completely silent motion at a lower cost and lighter weight than electromagnetic motors. For the toy industry, NanoMuscle motors give designers a new way to develop lifelike toys with silent motion at a competitive cost. For the automotive industry, the NanoMuscle motors are lighter and lower cost than traditional motors that in turn give the car better performance and more efficient fuel consumption.
"The miniature motor market is seeing a fundamental shift away from conventional motors towards new, innovative products that allow companies to offer improved products without increasing prices," said MacGregor. "NanoMuscle is the only next generation motor company with the global footprint required to service the needs of leading multinational companies in the toy and automotive markets."
About NanoMuscle
Founded in 1998, privately held NanoMuscle, Inc. manufactures components that displace small, electric motors in high volume markets including the children's toy and automotive industries. The company has been financed by strategic partners around the world including AutoVision GmbH, a wholly owned subsidiary of Volkswagen, DaimlerChrysler Capital Services, the financial arm of the leading automaker, and Jetta Ltd., the world's largest manufacturer of children's toys. For more information, please go to http://www.nanomuscle.com/ .
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