Home 禄 Business 禄 Manufacturing
SMS Meer to double capacity at city plant
Print Edition
GERMAN engineering group SMS Meer, a steel industry supplier, is expanding its Shanghai plant as it looks to tap into rising demand from upgrade-seeking Chinese customers.
The maker of forging machines and section mills is confident about China’s development prospects despite many uncertainties in the global economy, Chief Executive Joachim Schonbeck said yesterday while announcing the opening of the second phase of its plant in suburban Minhang District.
SMS Meer will nearly double the capacity of its Shanghai facility with the second phase, which cost about 10 million euros (US$13.9 million). Total jobs at the site will rise to 500 from 335.
Xiao Zuoguo, China chief of SMS Meer, said an increasing number of companies in the domestic steel industry, which has been struggling with overcapacity and meager profit, are turning to high-end equipment and solutions to improve efficiency, reduce emission, and make high-quality products.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
