It is reported that Germany steel maker Thyssen-Krupp announced to introduce a new auto supply plant in Chengdu city, Sichuan province, China.
The company has invested approximately US$ 20 million of new plant and it will focus on springs and stabilizer for China market, with an annual output of about 3 million and 1.5 million spring balancer.
ThyssenKrupp is first production base in the western part of the China, where ThyssenKrupp was holdings 60%, China parts makers, Fawer automotive parts holding 40%.
Meanwhile, the construction of the factory began in 2012, completed in the spring of this year accordingly.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67683&division=A9
