Schaeffler Group to establish two new factories in China
(chinatrucks.com, July 23, 2010) German Auto Part and Components Manufacturer, Schaeffler Group, has announced the new plan to establish two new factories. Schaeffler Group will set up two new factories in China and one new plant in India.
Schaeffler Group has invested 390 million dollars to this program. The investment will not only use for the three new plants establishments, but also eleven production bases in China, India, Korea, and Vietnam by Schaeffler Group.
It is said by Schaeffler Group that the new plant is to be established in 2012, and it will mainly produce rolling bearing, engine, and transmission and other parts and components.
More over, Schaeffler Group will set up R＆D organism in India and Japan, and enlarge the R＆D center in China and Korea.
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