Two Thyssenkrupp plants open in China

German multinational conglomerate ThyssenKrupp AG has announced the opening of two manufacturing facilities in Changzhou National Hi-Tech District (CND), China, a joint venture project with Chinese auto parts manufacturer Fawer Automotive Parts Ltd and the company’s phase 3 camshaft production facility. The event marks the cementing of another partnership between ThyssenKrupp and CND following the earlier establishment of ThyssenKrupp Engine Systems (Changzhou) Co Ltd and ThyssenKrupp Steering System (Changzhou) Co Ltd in the district. The former will be the group’s largest camshaft manufacturing facility in Asia.
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