Haldex will build compressors in China

Haldex has signed a license and manufacturing agreement with a subsidiary of ASIMCO Technologies Ltd, based in Beijing, China, to manufacture a new Haldex-designed twin-cylinder compressor. Haldex will market and service its new compressor in markets outside China. Initial deliveries of the compressor from Haldex to a major global customer will begin in late 2005.

The arrangement allows the partners to combine the strengths of ASIMCO's position as a manufacturer of vehicle compressors in China with the capabilities of Haldex in product development, sales, and aftermarket service.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish