New Georg Fischer Automotive Plant Starts Operation
Oct. 26 saw the commencement of the light metal foundry works built by Georg Fischer Automotive (Suzhou) Co., Ltd. in SIP. The newly built plant, its main products being cast aluminum and magnesium parts, will reinforce the capability of Georg Fischer Auto Products Group to meet the fast growing demands of the auto industry in China.
The three core enterprises of Georg Fischer Group are George Fischer Auto Parts Group, Georg Fischer Piping System Group, and Georg Fischer Machine Tool Group, which have all set up divisions in China. In 2004 alone, the 14 subsidiaries of Georg Fischer Group in China achieved a total sales revenue of 240 million Swiss francs. The newly built plant in SIP now has replaced the old plant in Zhangjiagang, which lags behind the customers’ demands for cast light metal products.
Oct. 27, 2005