Metaldyne Scores Chery Contract

Metaldyne, an Asahi Tec company, today announced it has won a contract to supply key powertrain and chassis components to support a future vehicle produced by China’s Chery Automobile Co., Ltd.
“We are very excited about this opportunity to bring our advanced manufacturing techniques to China’s fastest growing auto company,” said Jim Hudak, vice president, sales and engineering, Asia Pacific.
“Our expansion into China with our new Suzhou facility provides us with a tremendous opportunity to capitalize on the extensive growth in that region.
“We are well- positioned across a broad range of our product portfolio to supply quality products to the China vehicle market, which is expected to top 8 million vehicles this year.”
Metaldyne invested US$18 million in the Suzhou project and expects revenues of more than $100 million when the plant reaches full capacity. Metaldyne is a global designer and supplier of metal based components, assemblies and modules for transportation related powertrain and chassis applications including engine, transmission/transfer case, wheel end and suspension, axle and driveline, and noise and vibration control products to the motor vehicle industry.
Headquartered in Plymouth, Mich., the company employs more than 6,500 employees at 33 facilities in 14 countries.