After three-months of intense preparation, Wisdoms Auto Parts (Changzhou) Co., Ltd. has landed in standard plant customized by the local government of Chunjiang town, Changzhou National Hi-Tech District on August, 15. Invested in by Japanese Wisdoms Group, the Company will primarily focus on manufacturing and selling key components for automobile engines and other automobile parts.

Wisdoms Auto Parts (Changzhou) Co., Ltd. is a solely Japanese-owned enterprise established and invested in by Wisdoms Group (Hong Kong) in April this year. It is the major secondary supplier of Toyota, and also a supplier of DENSO (Changzhou) Fuel Injection System Co. Ltd. who has also established itself in the area.

The Company has invested a total of 1.5 billion Japanese Yen, and its registered capital is 600 million Japanese Yen. It mainly manufactures precision casting and precision forging roughcasts for automobiles, fuel pumps and other accessories for diesel engines, emission control equipment and other accessories for engines which can meet China's Stage IV Standard for Pollutant Emissions, as well as electronic combined instruments and its accessories.

It is estimated that the Company will manufacture 3 million precision casting and precision forging roughcasts per year, 8.6 million fuel pumps and other accessories for diesel engines per year, 3.6 million emission control equipments and other accessories for engines which can meet the Stage IV Standard for Pollutant Emissions per year and 8.4 million electronically combined instruments and its accessories per year.

In March this year, the plant site was not completely leveled while Wisdoms Company required a move into the plant by July because of its pressing manufacturing tasks. The local government took only four months to complete the construction, which would have taken close to a year under normal circumstances. The speed shocked the Japanese representatives. The President of Wisdoms Auto Parts (Changzhou) Co., Ltd. said, ''It took such a short four months to deliver from a piece of blank paper. This deepens my trust in Changzhou and further convinces me that it is a right choice to invest here.''

Courtesy: Changzhou National Hi-Tech District

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Posted by Naresh Koshti on 20 August, 2008 9:11:48 AM IST #