CHONGQING, China, Oct. 26, 2016 /PRNewswire/ -- Nexteer Automotive, a global leader in intuitive motion control, today opens a new steering operation in Jiangjin District of Chongqing, China. Chongqing Nexteer Steering System Co., Ltd., is co-funded by Chongqing Jianshe Industry and Nexteer Automotive. GONG Yande, Deputy Secretary of Party Committee & Deputy General Manager of China South Industries Group Corporation to which Chongqing Jianshe Industry is subordinate, YANG Jian, Vice Secretary of the Political and Legal of China Changan Automotive Group, LUO Minggang, Vice President of Chongqing Changan Automotive Co.,LTD, Mike Richardson, President of Nexteer Automotive, CHE Lianfu, General Manager of Jianshe Industry and Chairman of Nexteer Chongqing, LIU Tao, Senior Vice President & COO of Nexteer & Vice President of the Joint Venture, CHENG Zhiyi, Secretary of Jiangjin District, Chongqing, TAN Qing, Governor of Jianjin District and ZHANG Guo, Member of the Standing Committee and Distric Committe, Secretary of the Political and Legal Committe, all attended the opening ceremony and cut the ribbon for Chongqing Nexteer.
Chongqing Nexteer Steering System Plant is located in the new plant area of Degan Industrial Park in Jiangjin District and covers an area of 8,000 m2. With the business development, Nexteer Chongqing plan to provide over 700 jobs by 2021. It will serve customers in central and western China and overseas to supply steering system products (including brush EPS, brushless EPS and intermediate shaft) and relevant services. In addition, an independent measurement lab has been set up at Chongqing Nexteer to meet various customer demands.
GONG Yande, Deputy Secretary of Party Committee & Deputy General Manager of China South Industries Group Corporation to which Chongqing Jianshe Industry is subordinate, pointed out that, "This strategic cooperation between Chongqing Jianshe Industry and Nexteer will further expand the business area and consolidate business strengths. We have benefited a lot from efficient cooperation with the Nexteer in new project acquisition, product R&D and market expansion, which lays a solid foundation for sustainable development of future business."
Mike Richardson, President of Nexteer Automotive, said at the opening ceremony, "Located in the concentrated area of China's automobile manufactures, Chongqing Nexteer will have strategic effects by setting up Chongqing Nexteer Steering System Plant, making it possible to get closer to our customers, partners and suppliers and to fully take advantage of over 110 years of Nexteer competence and product process in automobile integration, thus providing services perfectly leveraging of our vehicle-level thinking and systems integration capabilities."
ABOUT NEXTEER
Nexteer Automotive -- A Leader in Intuitive Motion Control -- is a multi-billion dollar global steering and driveline business delivering electric and hydraulic power steering systems, steering columns, driveline systems as well as advanced driver assist systems (ADAS) and autonomous technologies for original equipment manufacturers. The company's global workforce of over 13,000 serves more than 50 customers in every major region of the world. The company has 22 manufacturing plants, five regional engineering centers and 11 customer service centers strategically located in North and South America, Europe and Asia. Nexteer Automotive's customers include BMW, Fiat Chrysler, Ford, GM, PSA Group, Toyota, VW, as well as automakers in India and China. www.nexteer.com
Photo - http://photos.prnasia.com/prnh/20161026/0861610931-a
Photo - http://photos.prnasia.com/prnh/20161021/0861610931
