Rheinmetall affiliate setting up another joint venture in China
Pierburg Pump Technology GmbH of Neuss, Germany, a company of the Rheinmetall Group’s Automotive arm, has joined forces with Shanghai Xingfu Motorcycle Co., Ltd., which belongs to Huayu Automotive Systems Co., Ltd. (SAIC Group), to set up a joint venture to manufacture and market pumps for automotive applications. Each party holds a 50-percent stake in the new Shanghai-based venture, Pierburg Huayu Pump Technology Co., Ltd. (PHP).
PHP will specialize in innovative pumps for the Chinese auto market. The lineup includes variable-flow oil pumps, electric oil pumps for transmissions, on-demand coolant pumps for the main circuits as well as electric recirculating water pumps for secondary circuits used for charge-air or recirculating exhaust gas cooling. Completing the venture’s product range are high-efficiency vacuum pumps.
Supported by Pierburg Pump Technology’s European R&D units, PHP will have its own application development department and a test & prototype center in China to enable customer-specific products to be developed locally.
Presently, the new company is building a 4,000 m² production facility in the industrial zone of Yuepuzhen in the northern Shanghai area. At the turn of 2013/14, the first production lines and test systems for recirculating-water and vacuum pumps will be installed.
Since 1997, the KSPG Group has been represented in China by several joint ventures and wholly-owned subsidiaries. This international first-tier auto-industry supplier has presently 10 locations in and around Shanghai as well as in Yantai. The 50-50 joint ventures at their altogether six locations have alone a workforce of over 3,500. Sales by these companies in 2012 amounted to €390 million, 30 percent above the 2011 level.
Rheinmetall AGDr. Philipp von Brandenstein
Head of Corporate Communications
Rheinmetall Platz 1
Phone: +49 211 473-01
Fax: +49 211 473-4158