ZF Friedrichshafen AG, also known as ZF Groups expanding its production in China by building the first plant in the capital Beijing.
The company is investing about EUR 15 million in the equipment of the new 58,000 square-meter facility, where approx. 350 employees will some thousand axle sets per year for the customer Beijing Benz Automotive Co., Ltd. (BBAC), a joint venture of Daimler in China.
Apart from current model ranges, the new ZF plant will also supply future car models like the next generation of Mercedes-Benz C- and E-Class.
“This project enables us to further expand the long-term successful partnership as a systems supplier for Daimler in the USA on an international level”, says Dr. Peter Holdmann who is responsible for the Chassis Systems Business Unit in the Chassis Technology Division.
The announcement comes shortly after ZF said is launching a $14.6 million expansion of its plant in Tuscaloosa –U.S., which should see dozens of additional jobs as a result.
The Tuscaloosa News reports the expansion will add 60,000 square feet to the factory — increasing its size by about 38 percent. It should also add about 85 new workers to the payroll, boosting ZF’s total employment in Tuscaloosa to nearly 400.