Schaeffler celebrated the opening of new factory halls in China and a new plant in Thailand in traditional local style. By increasing its production volume, Schaeffler is aligning itself ever closer to its Chinese and Asian customer base and also extending its product portfolio.

The Schaeffler Group is continuing its course for growth in China and Asia. By extending its Schaeffler (Nanjing) Co Ltd Plant, the location will become a cross-divisional manufacturing site for products ranging from the industrial to the automotive segment. Through the opening of its new plant in Chonburi in Thailand, Schaeffler will also significantly increase its production presence in the Asia/Pacific region. In a first phase, automotive components for engine and transmission applications will be produced there. The expansion at both locations will enable a marked extension of the product portfolio. “The new factory hall at Nanjing and the new plant in Thailand are of utmost importance for Schaeffler. Because our manufacturing network of now 74 plants is the backbone of our organization. We will strengthen this backbone even further, laying the basis for future success,” said Georg F W Schaeffler, Chairman of the Supervisory Board of Schaeffler AG and shareholder of the Schaeffler Group, who attended both opening ceremonies.

In his speech at the opening of the new factory hall Klaus Rosenfeld, CEO of Schaeffler AG, thanked the Chinese authorities for their support and underlined the special importance of the Greater China region for the Schaeffler Group. “The Chinese economy is currently undergoing a phase of transformation and expansion. We are facing challenges, but also see opportunities and future growth. Schaeffler will continue to invest in the Chinese market and further develop its sites,” Rosenfeld said. The new manufacturing hall as well as a new central logistics warehouse in Nanjing have been constructed on a total area of approx. 46,000 square meters. Around 1,000 employees manufacture camshaft phasing units, hydraulic tappets, chains, tensioners and other engine components.