Yumex Co. Starts Operation
Suzhou Yumex Auto Part Co., Ltd., a Japanese-owned manufacturer of auto exhaust device systems and related components, celebrated its commencement of operation on June 28 in SIP. Wang Jinhua, Deputy Secretary of CPC Suzhou Municipal Committee and Secretary of SIP Party Working Committee, attended the opening ceremony.
Yumex Auto Part Co., Ltd. has a registered capital of 900 million Japanese yen and a total investment of 2.2 billion Japanese yen, wholly owned by the multinational corporation, Yumex Co., Ltd. of Japan. The factory premises occupy a land of 20,000m2, and the monthly output will be 15,000 exhaust pipes, mainly supplied to Ford, Mazda, Hyundai, and other auto manufacturers in China. Yumex has subsidiary plants in Thailand and Korea, The entry of Yumex in will add a significant link to the auto industrial chain in SIP.
June 29, 2007