chart source: Webasto.com.cn
German car roof system maker Webasto Group will build a factory in central China to produce 1 million sunroofs a year, its largest such facility in the country, local government sources said on March 26, 2017.
The factory, at a cost of 500 million yuan (70 million U.S. dollars), will be located in Caidian District, Wuhan City, Hubei Province. Construction will take a year and a half.
The deal was signed between Webasto and the Caidian government over the weekend.
A world market leader for roofs and convertible roof systems, Webasto entered China in 2001 and operates ten production plants, according to the company's website.
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As Hubei’s largest automobile production and processing area, Wuhan has made great efforts in developing automotive industrial chain. Dozens of auto parts gaints gather here, including half of world’s top 20 from the US, France, Germany, UK, Japan, Spain, Italy, Canada, South Korea, Sweden, etc.>>more
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