ContiTech A.G. picked a strategic location—Changshu—as the site of a new research and development center for its Vibration Control business in Asia.
Located in Jiangsu Province, about 57 miles from Shanghai, Changshu is home to several automotive manufacturers, the firm said.
"From there we are able to serve the Asian markets in Korea, Japan, China and India," a ContiTech spokesman said.
The company is investing about $10.4 million in the facility, the firm's first to serve the automotive industry in that area, according to a spokesman.
ContiTech operates several other R&D centers that work with a number of other products in the region.
The spokesman said the center spans about 21,530 square feet and will employ about 30 engineers by the end of 2013.
The company began constructing the R&D building in 2012 and completed construction recently, he said.
Source: rubbernews.com