NORMA Group expands in China and starts production in its second manufacturing site in Changzhou | press release

Article by · 2014/05/15 ·

NORMA Group expands in China and starts production in its second manufacturing site in Changzhou
Nachrichtenquelle: EQS Group AG
| 15.05.2014, 09:09 | 142 Aufrufe | 0 | druckversion

(DGAP-Media / 15.05.2014 / 09:09)

NORMA Group expands in China and starts production in its second
manufacturing site in Changzhou

Maintal, Germany/Changzhou, China, 15 May 2014 – NORMA Group, an
international market and technology leader for engineered joining
technology, has started production in its second manufacturing plant in
China in Changzhou, approximately 200 kilometers outside of Shanghai, this
May. The new facility was set up to meet the greater demand for metal-based
joining solutions in the Asia-Pacific region. In a total construction area
of 8,000 square meters, the new plant will produce about 45 million pieces
of clamps per year for both Western and Asian automotive manufacturers.

“The expansion of our presence in China is an important pillar of our
corporate strategy,” says John Stephenson, COO and responsible for the
Asia-Pacific region at NORMA Group. “The new facility provides us with a
capacity footprint for the future. We are well-positioned to serve the
Chinese and Asian markets as they continue to grow and as they implement
tighter emissions regulations.” NORMA Group manufactures joining technology
that helps customers in the automotive industry comply with tighter
emissions standards.

The new plant in Changzhou started with the production of worm drive hose
clamps and profile clamps used in exhaust gas systems, charged air
applications or cooling systems. Over the next 12 months, the facility will
have multiple new metal-based product launches supporting both global and
local automotive manufacturers in the Asia region.

NORMA Group opened its first manufacturing site in Qingdao in 2008. It was
expanded in 2011 and is now working to its full capacity. In 2013, NORMA
Group generated EUR 56 million in sales in the Asia-Pacific region.

Additional information on the company is available on www.normagroup.com.
To download press pictures please visit www.normagroup.com/press pictures.

Contact

NORMA Group SE
Daphne Recker
Media Relations
E-mail: daphne.recker@normagroup.com
Tel: +49 (0)6181 – 6102 743

About NORMA Group

NORMA Group is an international market and technology leader in engineered
joining technology. The company manufactures a wide range of innovative
joining technology solutions in three product categories (clamp, connect
and fluid) and offers more than 30,000 high-quality products and solutions
to around 10,000 customers in 100 countries. NORMA Group joining products
can be found in vehicles, ships, trains, aircraft, domestic appliances,
engines and plumbing systems as well as in applications for the
pharmaceutical and biotechnology industry. The company generated sales of
around EUR 636 million in 2013. With around 5,000 employees, NORMA Group
operates a global network of 21 production facilities as well as numerous
sales and distribution sites across Europe, the Americas, and Asia-Pacific.
The company has its headquarters in Maintal near Frankfurt am Main,
Germany. NORMA Group was formed in 2006 as a result of the merger between
the German Rasmussen Group and the Swedish ABA Group. Since April 2011,
NORMA Group is listed on the German stock exchange and included in the MDAX
index since March 2013.

End of Media Release

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Issuer: NORMA Group SE
Key word(s): Enterprise

15.05.2014 Dissemination of a Press Release, transmitted by DGAP – a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP’s Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

———————————————————————

Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 (0)6181-6102-741
Fax: +49 (0)6181-6102-7641
E-mail: ir@normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP-Media

via NORMA Group expands in China and starts production in its second manufacturing site in Changzhou (15. Mai 2014, 09:09 Uhr).