Youngman Shizuishan program is initiated

(chinatrucks.com, Nov 25, 2010) The initiating ceremony of Youngman Group Shizuishan program base is hold at Xinghai Economy area on Nov 22nd, 2010, which means that Youngman Group Shizuishan Auto manufacture industry program has been initiated officially.

Youngman Group will invest to establish the program with annual capacity of 210,000 heavy duty truck, 510,000 large auto engine, and 60,000 auto hybrid energy transmission, as well as 200,000 tonnages of auto castings, aluminum castings, aluminum alloy castings and auto parts and components machining, and auto glass etc. The total investments are 2,670,900,000 Euros. The initial stage of the program shall be divided into five programs, &13 sub programs, and the planned investments are 808,300,000 Euros.

The program plans to establish a heavy duty completely vehicle and parts and components base at Dawu Kou area and to establish auto casting, aluminum alloy casting and auto glass and solar glass base in Huinong area, and establish auto engine, hybrid energy transmission, auto casting base in Pingluo county.

The auto manufacture industry program base of Youngman is initiated in Huinong area and Pingluo area on Nov 21st , and 22nd of 2010.

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