Brose flies the flag in China
Brose International GmbH in Coburg, Germany and the Chinese automotive supplier Shanghai SIIC Transportation Electric Co. Ltd. (STEC) each hold 50% of the shares. The registered capital of Shanghai Brose Automotive Components Co. Ltd. is DM 21.5m, DM 14m was invested in buildings and operating equipment.
The German-Chinese joint enterprise started production of door systems for the VW Passat in June. The new company premises, in close proximity to Volkswagen Shanghai, offers room for expansion in order to work on further projects.
Over the next 3 years production volume should rise to 400,000 door systems per annum. In the same period of time business volume should increase to around DM 80m. and the number of employees to 80.
By commissioning their first door system plant in China the Brose Group is now active in 22 locations world wide and present in all the important automotive markets: The leading manufacturer of adjustment systems for windows, doors and seats in motor vehicles has eleven production sites and four design and sales offices. Seven licensees produce products developed by Brose. The family business, which celebrated its 80th anniversary in 1999, will achieve a turnover of around DM 2500m with around 5000 employees in the current business year.
The Shanghai SIIC Transportation Electric Co. Ltd., subsidiary of The Shanghai Automotive Industrie Corporation (SAIC), has produced window regulators, central locking systems and other parts for Volkswagen Shanghai since 1988. The Chinese market leader for window regulators, with around 1000 employees, achieved a business volume of DM 73m in 1999.
From the start the new production company in Shanghai is to produce to European quality standards. All employees in the Chinese joint enterprise were trained in the Brose Meerane plant.
Press release for Download:
