Eight-figure euro amount investment in Neckarsulm

KS HUAYU AluTech GmbH, a joint venture of Rheinmetall Automotive and HUAYU Automotive Systems, is investing an eight-figure euro amount in the Neckarsulm plant. This capital expenditure program will result in another casting plant with a surface area of 3,400 square meters, together with newly constructed halls for subsequent processing. Construction is set to commence in early 2017, with production scheduled to begin on July 1, 2018. Explaining this expansion in production capacity is the excellent order situation. The casting specialist continues to forge ahead into new product fields, though without neglecting its engine block business. KS HUAYU, a subsidiary of the SAIC Group, currently generates around 12% of its sales with non-drive train components; the plan calls for tripling this share.