PMG, headquartered in Fussen, Germany, has celebrated the completion of a new production facility at the PMG Leader plant in Yangzhou, China. Representatives from PMG included Friedrich Erfurth, chairman of the board, Jiabin Wang, CEO of PMG China, Zhixian Qian, CFO of PMG China and Lian Ge, GM of PMG Leader. Government officials also attended the opening, along with other PMG employees and their families.
“We are very proud of the development of our two locations in China and we are aware that the very good site conditions in Yangzhou and Shanghai, as well as the great team on site make a significant contribution to our success,” stated Erfurth.
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“With today’s completion of our new production building, we are celebrating another important milestone in our company’s history: a further expansion of our production capacity in China. An important brick to meet the increasing demand of our customers, to make our contribution to growth markets such as e-mobility and to be able to offer our technology – Powder Metallurgy with all its advantages – to other applications outside automotive as well. Thanks to everyone involved.”
PMG acquired Yangzhou Leader Powder Metallurgy Co, Ltd, a specialist in automotive shock absorber components, in 2022.