www.industryemea.com
08
'15
Written on Modified on
NORD Drivesystems
NORD China celebrates 10th anniversary
Major distribution center with big growth rates
NORD (China) Power Transmission Co., Ltd. is celebrating ten successful years in business, making 2015 a double anniversary year for the NORD DRIVESYSTEMS Group – the German parent company was founded a half century ago in 1965. The official ceremony at the Suzhou branch was attended by more than 200 guests representing manufacturers from the whole of China and by top NORD managers from Germany. On a tour of the gear and motor production facilities, all the visitors were able to get a first-hand impression of the superior manufacturing quality. Two workshops on gear units and power electronics, both dedicated to configuring application-specific solutions, were very well received.
Illustration 2: Peter Lu, General Manager of NORD China, anticipated industry trends and pointed out challenges that the company would face
Following over 30% annual growth in the early years to become the sizable operation it is today, NORD China continues to achieve growth rates of more than 20% – significantly above the industry average. Since the foundation of the Chinese subsidiary and the establishment of the first assembly facility in Suzhou in 2005, NORD has also added a motor factory to complement the existing facility in Italy. As one of only two motor production sites in the international group, NORD Suzhou is an extraordinarily important location. Another assembly factory was inaugurated in Tianjin in 2011, increasing the production floor space in China to 35,800 m². NORD China has an annual capacity of 200,000 geared motors and 700,000 motors for supplying the Chinese and international markets. Currently, there are 23 NORD sales offices in the country.
