On August 28, the Sino-German joint venture signed an annual production of 600,000 high-end crankshaft production line projects and the unveiling ceremony of Foyle Power Crankshaft (Sichuan) Co., Ltd. was held in Neijiang. The project has a total investment of 300 million yuan and will build two new engine crankshaft production lines, which are expected to be put into operation in 2020.
Germany Fuyao Power is a high-end engine crankshaft manufacturer with the largest market share in Europe and the fourth in the world. Its main customers include BMW, Audi, Jaguar, Ferrari and Maserati.
"The layout of the parts industry in the inner river, Chengyu two major vehicle bases will become an important market to support our development." Gudeng, CEO of Germany Fuyao Power Co., Ltd. said that the layout of Neijiang is because Neijiang has a strong industrial base. Unique location advantages and a good investment environment. The relevant person in charge of Neijiang Economic and Information Technology Commission said that the largest automobile crankshaft company in Europe settled in Neijiang, marking the beginning of the Neijiang auto parts industry from the low-end to the middle and high-end.
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