Groundbreaking ceremony held for Nantong Global Steering Gear Manufacturing in NETDA
The groundbreaking ceremony for the construction of Nantong Global Steering Gear Manufacturing Co Ltd's manufacturing base, with a total investment of 500 million yuan ($70.60 million), took place at the Nantong Economic and Technological Development Area on Aug 22.
The project will be funded and built by Nantong Global Steering Gear Manufacturing Co Ltd, a company specializing in the manufacture of steering gear assembly series products.
Since its establishment in the area in 1998, Nantong Global Steering Gear Manufacturing has continuously increased its investment, pursued technological innovation, and strengthened its management. It has emerged as a leading enterprise in its niche field and has been honored with titles such as high-tech enterprise, specialized small and medium-sized enterprise at the provincial level, and provincial-level engineering technology research center.
The company's commitment to investment, technological innovation, and improved management has solidified its position as a pioneer in its specific sector. This new manufacturing base signifies a major step forward for Nantong Global Steering Gear Manufacturing as it continues to expand its operations and contribute to Nantong's industrial landscape.
The groundbreaking ceremony for the construction of Nantong Global Steering Gear Manufacturing Co Ltd's manufacturing base is held on Aug 22. [Photo/WeChat account: gh_78ba52d6e1ed]