ZF To Build New Axle Plant in Beijing

www.chinaspv.com: In Sep.23th of 2013, it is learned that ZF will build a new axle plant in Beijing.

ZF said that the new axle plant in Beijing was one the projects in the future. 350 employees will be recruited and thousands of axles will be manufactured after the plant into production. In the beginning of 2013, ZF got the order of Beijing Public Transportation. ZF would provide 5,000 sets of axle systems for 2,200 buses of BPT.

For recent years, ZF has already manufactured over 15,000 sets of axles for Beijing buses. The revenue of ZF in China of 2012 is about 2.1 billion Euros (i.e. 17.4 billion Yuan) increasing 22% compared with 2011. China market occupies 12% of ZF global revenue.

For now ZF owns more than 5,000 staff in China.

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