NewTech to Establish Brake Assembly Plant in China

NewTech Brake Corp., Blainville, Que., a subsidiary of NewTech Group International, Inc., announced today the creation of a wholly-owned subsidiary in Suzhou, China, NewTech Brake (China) Co. Ltd. for manufacturing the company’s brake system.
Subject to approval by the Chinese authorities, the company’s brake assembly plant will assemble the NewTech brake for the heavy duty market. It will supply clients in China and in North America later this year.
In support of this facility, Dr Hua Yu, Ph.D. in Mechanic, has been appointed General Plant Manager. He will be responsible to set up the structure as soon as possible. “My long experience working for NewTech along with my knowledge of the Chinese culture will facilitate the implementation of the organization”, stated Mr. Yu.
The assembly plant, based on the JIT (just in time) approach, is planned to reach a capacity of 1.2 million brake systems per year.
NewTech Chairman, Yvon Rancourt stated, “This opportunity will enable NewTech to accelerate the introduction of our full contact brake in different markets. We have identified many Chinese suppliers who are certified QS-9000 and ISO-9000 and can supply components to our quality standards”.
NewTech Brake Corp. is focused on developing an advanced generation of safer, more efficient and cost-effective full contact disc brakes and related components to the North American and European heavy vehicle market.