The investment value is 25 million euros and the factory will be put into production in 2023.
The new factory will become the seventh manufacturing base of UFI Filter Group in Chinese mainland.
65438+20221October 4th-As a global leader in filtration system and thermal management technology for internal combustion engines, hybrid and electric vehicles, UFI Filter Group announced the signing of a new investment agreement with the management committee of Xiuzhou High-tech Industrial Development Zone in Jiaxing, Zhejiang.
According to the recent epidemic prevention and control regulations, this activity was conducted by video conference. Liu Dewei, Deputy Secretary of Jiaxing Xiuzhou District Committee, Li, Standing Committee Member of CPC Xiuzhou District Committee, Rocco Carlo Genqi, Italian Acting Consul General in Shanghai, Paul Barsony, CEO of Filter Group, and Simone Taize, Chief Operating Officer of Asia Pacific Region of Filter Group attended the signing ceremony.
The land investment of the new factory is about 25 million euros, which will be jointly developed by UFI Filter Group and Jiaxing Xiuzhou High-tech Industrial Development Zone Management Committee, focusing on the production of green and environmentally friendly new energy vehicle filtration systems and thermal management products.
Xiuzhou High-tech Industrial Development Zone is located in the west of Jiaxing, adjacent to Shanghai, and is committed to developing high-tech industries. UFI Filter Group also has six manufacturing bases in China, with more than 65,438+0,600 employees. The new manufacturing base will have more than 36,000 square meters of production and storage area, and may further expand by 30,000 square meters on adjacent plots. When the new factory is completed, it will become the seventh manufacturing base of UFI filter group in China and the twentieth manufacturing base of UFI filter group in the world. It is estimated that after the operation, the revenue will exceed RMB 654.38 billion and the number of employees will exceed 600.
Renato Faconi, CEO of UFI Filter Group, said: "We are very grateful to Xiuzhou District Government for its support and active efforts, which helped us to achieve the goal of establishing the first green technology factory in China. Investing in green technology is the embodiment of our values, and innovation is the gene engraved in our bones. The signing of the 20th manufacturing base agreement in the world is another important milestone in the history of the Group. Since 1983 (Bengbu Filter Factory was established) entered China, this year marks the 50th anniversary of the establishment of the Group and the 25th anniversary of the establishment of our first wholly foreign-owned enterprise, Shanghai Sofmar auto filter Co., Ltd.. We will now invest another 25 million euros on the original basis to engage in green technology development and manufacturing. "
Simone Taize, Chief Operating Officer of UFI Filter Group Asia Pacific, said, "Our seventh manufacturing base in China will provide corresponding products and solutions for China's future new energy vehicles, including passenger cars and commercial vehicles. Starting from 2023, our new factory will produce advanced and efficient filter materials and thermal management products for new energy vehicles. In addition, we will also have an advanced innovation research and development center for the research and development of new systems and new products. We are very happy to join hands with the Xiuzhou District Government of Jiaxing to build a factory with the most advanced technology and production line in Xiuzhou High-tech Industrial Development Zone. "