DGAP-News: SAF-HOLLAND S.A.: SAF-HOLLAND focuses on growth in China
(firmenpresse) - DGAP-News: SAF-HOLLAND S.A. / Key word(s): Miscellaneous
SAF-HOLLAND S.A.: SAF-HOLLAND focuses on growth in China
14.03.2011 / 09:20
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- Merger of production sites
- Goal: complete product range for Asia
Luxembourg, March 14th, 2011 - SAF-HOLLAND S.A., a leading supplier for the
global truck and trailer industry, has restructured its business in China.
The entire production and administration has been consolidated in Xiamen.
To that end, the production of trailer axles has been relocated from the
Jinan location to Xiamen, and the Jinan location has been closed. In order
to be closer to customers, Sales and Marketing have been centralized in
Shanghai. Frank Chao (45) is the new General Manager of SAF-HOLLAND
(Xiamen) Co. Ltd. Mr. Chao has over 22 years of experience in the
construction and truck industry.
Trailer axle systems and trailer landing legs are currently produced in
Xiamen. 'We will rapidly expand the location into a hub for SAF-HOLLAND's
entire Asian business, with a principal focus on the developing China
transportation market', says CEO Rudi Ludwig. The Group expects significant
growth in the region over the next four years. 'Products that focus on the
price and quality standards of the Asian market will also help us achieving
this. Our goal is to offer a complete product range for trucks and trailers
from the Xiamen location', according to Ludwig. The Group currently employs
approximately 270 people in China.
Company Profile:
With sales of approximately EUR 420 million in 2009 and over 2,300
employees, SAF-HOLLAND S.A. is one of the world's leading manufacturers and
suppliers of premium product systems and components primarily for trailers
as well as trucks, buses and recreational vehicles. The product range
encompasses axle and suspension systems, fifth wheels, coupling devices,
kingpins, and landing legs. SAF-HOLLAND customers include the majority of
large truck and trailer producers all over the world. The products are sold
to Original Equipment Manufacturers (OEMs) and Original Equipment Suppliers
(OESs) by means of a global service and distribution network and via
aftermarket channels directly to the end users and service garages.
SAF-HOLLAND has therefore established itself as one of the few
manufacturers in its sector that is internationally positioned with an
extensive product range and a broad service network. SAF-HOLLAND S.A. has
been listed in the Prime Standard of the Frankfurt Stock Exchange since
June 2007 and has been in the SDAX since December 2010.
Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach
Phone +49 6095 301-617
barbara.zanzinger(at)safholland.de
End of Corporate News
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14.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: SAF-HOLLAND S.A.
68-70, boulevard dela Pétrusse
L-2320 Luxembourg
Großherzogtum Luxemburg
Phone: +49 6095 301 - 0
Fax: +49 6095 301 - 260
E-mail: info(at)safholland.de
Internet: www.safholland.com
ISIN: LU0307018795
WKN: A0MU70
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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115368 14.03.2011
Datum: 14.03.2011 - 09:20 Uhr
Sprache: Deutsch
News-ID 33458
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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