SUMIDA: Company News
SUMIDA CORPORATION Expands it's Manufacturing Network by Setting Up a New Satellite Factory in China (Changde, Hunan)
March 16th 2010 Press ReleaseSUMIDA CORPORATION announced today that it has received local government approval to set up a new factory in Changde, Hunan in China. To meet increasing customer demand, Sumida has fast-tracked the project and the factory will start operations from May 1, 2010.
Sumida embarked on its Silk Road strategy in 2008 and under its recently announced Mid-Term Business Plan 2010-2012, will continue with this strategy to build a global cost-effective manufacturing and logistics network, responsive to customer needs on a global and regional basis. The new factory will maintain a close link with Sumida's existing manufacturing center of expertise and excellence in Panyu, south China and is a significant milestone in Sumida's Silk Road Strategy.
Basic Information of Changde, Hunan Factory
| Address: | Electronic Information Industrial Pioneer Park, Deshan Economic Development District, Changde City, Hunan Province (In Chinese: 湖南省常德市德山经济･ 发区电子信息产业园创业园) |
| Total Floor Area: | 10,000 ㎡ |
| No. of Workers: | We plan to increase the number to approximately 2,000 by December 2011. |
| Products: | Power Inductor etc. |
| Company Name: | Sumida Electric (Changde) Co., Ltd. (In Chinese: 胜美达电机(常德)有限公司) |
| Capital: | 10 million HKD (invested 100% by Sumida Group) |
| Representative: | Mr. He Wei Hong (何 伟洪) |
Please click on the press release link above for the pdf version of this article.