SUMIDA: Company News

SUMIDA CORPORATION Expands it's Manufacturing Network by Setting Up a New Satellite Factory in China (Changde, Hunan)

March 16th 2010 Press Release

SUMIDA CORPORATION announced today that it has received local government approval to set up a new factory in Changde, Hunan in China. To meet increasing customer demand, Sumida has fast-tracked the project and the factory will start operations from May 1, 2010.

Sumida embarked on its Silk Road strategy in 2008 and under its recently announced Mid-Term Business Plan 2010-2012, will continue with this strategy to build a global cost-effective manufacturing and logistics network, responsive to customer needs on a global and regional basis. The new factory will maintain a close link with Sumida's existing manufacturing center of expertise and excellence in Panyu, south China and is a significant milestone in Sumida's Silk Road Strategy.

Basic Information of Changde, Hunan Factory

Address: Electronic Information Industrial Pioneer Park, Deshan Economic Development District, Changde City, Hunan Province
(In Chinese: 湖南省常德市德山经济・ 发区电子信息产业园创业园)
Total Floor Area: 10,000 ㎡
No. of Workers: We plan to increase the number to approximately 2,000 by December 2011.
Products: Power Inductor etc.
Company Name: Sumida Electric (Changde) Co., Ltd.
(In Chinese: 胜美达电机(常德)有限公司)
Capital:  10 million HKD (invested 100% by Sumida Group)
Representative:  Mr. He Wei Hong (何 伟洪)

Please click on the press release link above for the pdf version of this article.