New plant at Schaeffler Taicang manufacturing site put into operation

The opening of the fifth plant of Schaeffler Taicang Manufacturing Base, the largest family-owned technology company in Germany and Europe, took place on April 11, 2014, signifying a significant increase in Schaeffler's product line and production capacity of automotive transmission systems in Greater China.

Schaeffler Taicang Manufacturing Plant No. 5 started construction in April 2013 and completed and trial-produced in January 2014. As a continuation and addition to the third plant of Schaeffler Taicang Manufacturing Base, No. 5 plant will mainly produce wet double clutches and torque converters , both of which are key components in the automatic transmission of automobiles and are the first ones. Times to achieve production in China. The wet double clutch and torque converter using LuK's innovative technology enables smoother, more efficient and faster transmission of power from the car's engine to the driving system.

Dr. Zhang Yilin, President and Chief Executive Officer of Schaeffler Greater China, Herrad Hee, Chief Operating Officer of Schaeffler Greater China, and Du Xiaogang, Mayor of Taicang attended the opening ceremony. Dr. Zhang Yilin, President and CEO of Schaeffler Greater China, said: "Schaeffler brings the latest products and technologies to the Chinese market and achieves local production, showing the importance and confidence in the Chinese market. The products will bring forward driving and riding experiences to Chinese automobile consumers.”

Schaeffler First in Schaeffler China's first wet dual clutch production line at Schaeffler Taicang Manufacturing Plant No. 5, the first large-scale production of lean production using the single-flow (ChakuChaku) model. Management, as well as Schaeffler's first torque converter production line in China. To comply with Schaeffler's globally uniform production and quality standards, the technology and production layout of the No. 5 plant has advanced levels.

Schaeffler's LuK brand is the global leader in automotive power transmission and vibration damping systems. It develops and produces key components for various powertrains. Schaeffler began producing LuK brand products in China in 2006. Currently, it can supply manual clutches, dry/wet double clutches, clutch release systems, dual mass flywheels and torque converters from China.

Schaeffler has three major brands: INA, LuK and FAG. It is the world leader in providing rolling bearing and plain bearing solutions as well as linear and direct drive technologies. It is also a high-precision product for the automotive industry in the field of engines, gearboxes and chassis. A well-known supplier of systems. As a globally active group company, Schaeffler achieved sales of approximately 11.2 billion euros in 2013, and has approximately 79,000 employees worldwide. It is one of the largest family-owned technology companies in Germany and Europe. Schaeffler has approximately 170 branches in 49 countries, forming a global network of production sites, R&D centers, sales companies, technical service offices and training centers.

Since investing in China in 1995, Schaeffler Greater China has established a comprehensive customer service system and competitive advantage including production, sales, R&D and technical support. The products are widely used in the Chinese automotive industry and industrial markets. At present, Schaeffler Greater China employs nearly 8,000 people, has an R&D center in Anting, and has eight production bases in Taicang, Suzhou, Yinchuan and Nanjing, and is located in Beijing, Shanghai, Hong Kong, and Taiwan. There are 20 sales offices.

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