GKN Driveline Expansion Continues In China
WUHAN, China, July 18, 2013
WUHAN, China, July 18, 2013 /PRNewswire/ -- GKN Driveline continues to expand
rapidly in China with the expansion of a key manufacturing facility by
Shanghai GKN Driveshaft Co., Ltd. (SDS).
(Photo: http://photos.prnewswire.com/prnh/20130718/DE49529 )
(Logo: http://photos.prnewswire.com/prnh/20110809/DE49568LOGO )
With an investment of approximately £15 million, a new 11,000-square-meter
precision forge facility in Wuhan will produce high-accuracy components for
driveline systems with an annual capacity of 11 million precision parts. The
expansion, driven by customer demand, will mean more capacity and capability
to support increasing demand from vehicle manufacturers.
"Vehicle manufacturers are continuing to expand across China, the world's
largest vehicle market and the Wuhan plant is located close to customers in
the center of China," said Andy Reynolds Smith, CEO GKN Automotive. "It will
ensure we are ideally positioned to support the growth in the Chinese market
with products produced locally, coupled with a high level of customer service,
to further strengthen our customer support."
China is a key growth market for GKN Driveline with vehicle production in the
country expected to reach 22 million units by 2014 and 30 million units by
About GKN Driveline
GKN Driveline is the world's leading supplier of automotive driveline
components and systems. As a global company serving the world's leading
vehicle manufacturers, GKN Driveline develops, builds and supplies an
extensive range of automotive driveline components – for use in the smallest
ultra low-cost car to the most sophisticated premium vehicle demanding the
most complex driving dynamics.
GKN Driveline is a leading global producer of CVJ Systems, AWD Systems, Trans
Axle Solutions and eDrive Systems and operates in 22 countries at 56 locations
employing 22,000 people.
Shanghai GKN Driveshaft Co., Ltd. (SDS) was established in 1988 and is one of
the earliest foreign invested Joint Venture companies established for
automotive components in China. The major shareholders of SDS are GKN
Driveline International GmbH and HUAYU Automotive Systems Co., Ltd. With a
land area of 320,000 square meters and more than 3200 employees, SDS currently
operates three plants in Shanghai, a plant in Wu Han, a plant in Chang Chun
and a Joint Venture in Chong Qing, serving all major domestic and foreign
invested vehicle manufacturers.
GKN in China - In 1988, GKN was the first western company to invest in the
automotive component industry in China. Through more than 25 years investment
and development of our capabilities, GKN now operates from 14 locations in
China with one under construction, employing more than 5,500 people and also
serves a number of high growth markets including agricultural and
GKN plc is a global engineering group – our technologies and products are at
the heart of vehicles and aircraft produced by the world's leading
GKN operates four divisions: GKN Driveline, GKN Powder Metallurgy, GKN
Aerospace and GKN Land Systems. Approximately 48,000 people work in GKN
companies and joint ventures in more than 35 countries. We harness our
considerable technology and manufacturing resources to supply the highest
quality systems, structures, components and services.
SOURCE GKN Driveline
Contact: Company Contact - UK, Hannah Chatterley, GKN Driveline, Tel: + 44
1527 533660, Email: firstname.lastname@example.org; Company Contact -
China, Lily Xie, GKN China, Tel: +86 21 58202696, Email:
Lily.Xie@gknchina.com; Media Contact - China, Fanny Feng, EBA Communications,
Tel: + 8610 6522 8081 (ext. 206), Email: email@example.com; Media
Contact - Americas: Larry Weis or Craig Miner, AutoCom Associates, Tel: + 1
248 647 8621, Email: firstname.lastname@example.org or email@example.com; Media
Contact - Europe: Simon Pearson, Tel: + 44 207 861 3158, Mobile: + 44 7836 744
192, Email: firstname.lastname@example.org
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