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August 5, 2015

CHINA: Cooper-Standard opens two new facilities

Cooper-Standard has opened two new facilities in China.

Cooper-Standard has opened two new facilities in China.

The company opened its second Kunshan facility, a manufacturing and test centre, dedicated to fluid transfer and fuel and brake delivery systems. The company also hosted an opening ceremony at its new factory in Shenyang which will produce sealing systems.

“As Cooper Standard continues to grow in China and across the Asia Pacific region, these new facilities will further strengthen our market positions and enable us to better serve our customers,” said chairman and CEO Jeffrey Edwards. “The further localisation and expansion of our test capabilities is part of our long term commitment to the Chinese market and is also essential to our profitable growth strategy.”

The openings are the latest additions to Cooper Standard’s strategic growth in China through acquisitions, joint venture partnerships and organic growth in recent years.

Expanding the fluid transfer and fuel and brake delivery systems operation to its second Kunshan location, a growing satellite city of Shanghai, reinforces the company’s ability to serve the area where there is a concentration of automotive customers. This expansion further builds on the company’s commitment to the region following the opening of its Asia Pacific Technical Centre in Shanghai last year.

The Shenyang sealing facility, based in the industrial heartland of northeast China, further solidifies the company’s leading position as the largest sealing manufacturer in China. Earlier in 2014, Cooper Standard acquired majority ownership of its joint venture with Chinese domestic supplier, Huayu Automotive Systems.

The Kunshan and Shenyang locations cover 25,060 sq m and 8,721 sq m respectively. They add 500 people to the Chinese workforce, including 20 engineers.

Cooper Standard has steadily built up local capacity since entering the Chinese market in 2003. With these two new facilities, the company operates 11 manufacturing and technical facilities with 5,200 employees in the country, all adjacent to major OEM operations.

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