Chongqing, China - Cooper-Standard Holdings, the parent company of Cooper-Standard Automotive Inc. has officially opened two facilities in China, adding to its automotive-parts manufacturing footprint in the country.
One of the new facilities is located in the Huai’an, Jiangsu province and the other one is in Chongqing, according to a 2 Feb company statement.
The Chongqing facility, officially opened on 1 Feb, and is about 18,000-square-metres and employs 200 people. The facility will manufacture fluid transfer systems (FTS), fuel and brake delivery (FBD) systems and sealing systems for customers such as Ford Motor Co., Mercedes-Benz and Volvo Car Group.
The other facility, a joint venture between Cooper Standard and Japan INOAC Corp. officially opened in Huai’an, Jiangsu earlier in January.
The Huai’an facility manufactures and develops FTS products and aims to establish a manufacturing hub to help Cooper Standard achieve a “leading position” in Chinese and Asian markets.
Cooper Standards said that the new facilities showed its commitment to the strategic importance of China and its automotive market.
“Focusing on China, Cooper Standard has accelerated its business development in the Asia Pacific area in recent years,” it added.
“The opening of our Huai’an and Chongqing facilities is a further testament to Cooper Standard’s commitment to our customers and the Chinese automotive market,” said Jeffrey Edwards, chairman and CEO, Cooper Standard.
“Since 2012, we have more than doubled our investment in the area and now employ more than 5,200 employees in 11 manufacturing and technical facilities across the country,” he added.
In the past two years, the automotive supplier established a technical centre in Shanghai, which includes a test facility for FTS products.
The company also acquired majority ownership of its joint venture with Chinese domestic supplier, Huayu Automotive Systems Co. Ltd and expanded the operational scale of its FTS and FBD systems in eastern China.
In addition to that, the company also opened a new sealing facility in Northeast China.
“These recent achievements demonstrate Cooper Standard’s confidence in the Chinese auto market and the company’s expansion capabilities,” the firm said.