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Aisin (Nantong) Automotive Technology Co in the Nantong Economic and Technological Development Area, Jiangsu province, will build its Chinese headquarters for research and development next year with a total investment of $10.8 million.
The headquarters, as a site for research and development and parts testing, will complete construction and go into operation by the end of 2015.
As the second overseas research and development base of Aisin Seiki Co, a Japanese Fortune 500 auto parts maker, the Nantong company has developed a variety of products catering to Chinese customers since it was founded in 2011. It also provides technical services for auto parts performance test and assessment. It currently has more than 60 professional technicians, including 19 Japanese experts.
Aisin Seiki Co, Japan's biggest maker of transmissions, is a main auto parts supplier of Toyota Group. It supplies gearboxes for joint auto ventures such as Faw Toyota Co, Gac Toyota Co and Dongfeng Peugeot Co in China and also supplies parts for General Motors and Volkswagen.
The NETDA Free Trade Zone got the original go-ahead, on Jan 3, 2013, from the State Council, for a 5.29-sq-km area, in two parts.
Suzhou-Nantong science & technology industrial park
Equipment manufacturing industrial park
Urban-rural commercial zone
Nengda central business district
New materials industrial park
Medical treatment & health industrial park
Sci-tech industrial park
Precision machinery industrial park
Nantong museum designs blue calico sheep mascots
Intangible cultural heritage show opens in Nantong City
Nantong: major producer of indigo print fabric
World's largest pier caisson floated successfully in Nantong
Lotus blossoms in Nengda Central Park
