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The wind farm in Guanacaste will receive additional investment(2008-11-10)February 4, the Changchun municipal government investment delegation in Shanghai with a shaft leading enterprises in China called the Shanghai satisfied iron shaft Fu Co., Ltd. signed an agreement, the next 5 years, the company will invest 500 million yuan in Changchun built 1,000,000 Article propshafts production base for the project started during the year, following the completion of three provinces in Northeast China will become the largest production base for similar projects.
Shanghai satisfied iron Fuk 5 years propshafts Limited plans to invest 500 million yuan in Changchun to build one million shaft production base, the project for construction during the year. At present, to achieve one million shaft is not more productive enterprises, and the project completed, three provinces in Northeast China will become the largest production base of shaft. Production base in Changchun propshafts main products is car, van and other cars to do matching, in which cars, including Japanese, German Department, the United States Department of the domestic brands and some models, when completed, the base will be the first major market positioning in three provinces in Northeast China, and Changchun, north of the extension.
It is understood that the Shanghai Rail Fuk satisfied propshafts Limited joint venture in September 1988 opened the domestic auto parts manufacturing industry, established the first Sino-foreign joint ventures, one of the main investor is the production of automotive GKN Driveshaft famous German companies and Shanghai Automotive Industry (Group) Company. At present, Shanghai Volkswagen, Shanghai GM, FAW - Volkswagen, Wuhan Shenlong, BMW Brilliance, Beijing Jeep, Dongfeng Honda, Hainan Mazda, Jinbei Bus and other motor vehicles more than 30 companies supporting the main shaft suppliers, has become a domestic Product technology with industry best, largest and most complete variety, the highest market share leader of a group propshafts industry.