Opening Ceremony in Taicang
FTE automotive Group formally opened their Taicang, Jiangsu Province facility.
Together with more than 150 guests and employees the Group Management Board participated in the event. FTE Taicang's facility is developing and producing actuation systems for manual and dual clutch transmissions for major OEMs in the Asia Pacific region. Andreas Thumm, CEO FTE Group, underlined the importance of the investment in China: 'Being close to our customers in their respective markets with state of the art production and product development facilities is one of our key priorities for the years going forward. Our China operation will increase our reach to customers in the whole region both with domestic and multinational OEMs.'
FTE automotive Taicang was incorporated at the end of 2009 and will employ more than 100 staff in 2012.