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PKC Auto Parts Project Starts Operation

PKC Suzhou, a Finnish-invested automotive manufacturing enterprise, held an opening ceremony in SIP on Sept. 28, attended by Mrs. Paivi Hiltunen-Toivio, Finnish Counsel General in Shanghai, Mr. Harri Suutari, Chairman of PKC Group, an his wife, Yang Jianzhong, Vice-director of Sipac, and other guests.

PKC Group, founded in 1969 with headquarters in Kempele City of Finland, is a global corporation engaged in designing, production, technical support and post-sale service of industrial cables and electronic components in automobile, communication, and electronic industries, whose main customers include some of the most famous commercial vehicle and communication manufacturers such as Volvo, Nokia, GE, Emerson, Scania, Deutz, ABB, and DaimlerChrysler, etc. The Group was listed in Helsinki in 1997, and has its subsidiaries in Finland, USA, Canada, Estonia, Russia, Brazil, Mexico, and China, with over 3,600 employees spread across the world. Its business turnover amounted to 100 million Euros in the first half of 2006.

PKC Auto Circuit (Suzhou) Co., Ltd. was incorporated in SIP in October 2005 with US$4.2 million investment on 2,800m2 at Suchun Workshop. Being the first PKC plant in Asia, the company is currently staffed with over 30 people, and will function as business operation center in Asia. The company has already started turning out high-quality products for customers in China and other parts of Asia.

Oct. 8, 2006


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