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Fläkt Woods Limited - Fläkt Woods opens new factory in China

As part of its continued worldwide expansion, Fläkt Woods has established a wholly owned subsidiary in China. The investment in a 13,800 sq feet (4,200 sq meter) factory will allow Fläkt Woods to better serve its Chinese and Far Eastern customers.
The factory, located in Wuxi, is equipped to offer a wide range of high quality ventilation products. The three main product lines are axial fans, air handling units, and air valves. With technology transfer from UK, Korea, and Finland and extensive investments in machinery, the plant has significant value addition and quick response times. It will supply the Chinese markets as well as exports to other countries in Asia and elsewhere.
The opening ceremony takes place on the 9th May where Fläkt Woods Group CEO Mr. Didier Forget accompanied by high-ranking local officials and dignitaries will carry out proceedings. Local suppliers and a number of key customers will also be in attendance. The ceremony is preceded with welcome speeches as well as a tour of the facilities followed by lunch for all attendees.
“As a Group, we have step by step made more investments to help develop our position in Asia. Three years ago we set up a local sourcing organization to develop a supplier network in China, India and other so called Low Cost Countries in the region. We have two large factories in India, but so far nothing in China where we have relied on imported products for the local market.”
“The investment in a new factory in China, able to utilize the supplier network already established and with high quality machinery, fill a gap for us and provides a solid base for the continued growth of our business in Asia. Asia already accounts for 20% of our total business and with strong market outlook across the region, we expect this percentage to grow”, says Didier Forget, CEO of Fläkt Woods.
“We have in Fläkt Woods an unmatched range of quality products for ventilation and the management of air climate. With our Nordic legacy, our products are designed for air comfort and with high energy efficiency, an increasing priority for many in this era of increasing energy costs. However, relying on factories in Europe is sometimes difficult for cost and time reasons and with this new factory we are in a position to give our local customers a more competitive offering. We see in China and other Asian markets an increased demand for quality products and expect strong demand for the products we can offer from here.” says Roger Carpenter, Vice President for Marketing and Sales of Fläkt Woods China.

Email: info.uk@flaktwoods.com
 


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