China – The industrial and technology group has invested €10m in this new centre for engine components, where it will concentrate its engine component development and prototyping activities.
The new 2,000 sq. m facility is situated on the grounds of the existing production site in Dalian, where the company has been manufacturing assembled camshafts and cylinder head cover modules since 2005.
“With the new development centre we want to serve our customers in China with even better customized and more efficient products. The needs of OEMs in China are growing steadily – especially as regards CO2 and other emission standards. We want to support them locally with customized development work,” explains Karsten Kroos, CEO of ThyssenKrupp’s Components Technology division. The centre in Dalian will focus on the development of valve train products specifically for the Chinese market.
Driven by new customer orders, ThyssenKrupp has invested over €300m in expanding its component production network in China in the past three years. Overall, the company says it now employs over 5,100 people at its automotive sites in China.