On June 12, 2012, Wuxi Cummins Turbocharged Technology Co., Ltd. (hereinafter referred to as "Wuxi Cummins Turbo Technology" or "Company") held a grand foundation stone laying ceremony for the second factory. The new factory has a workshop area of ​​approximately 15,000 square meters and is equipped with office buildings, restaurants, gymnasiums, logistics areas and facilities. The entire project is expected to be completed in April 2013 and will be put into operation in August 2013. Capacity will be doubled. In 2004, the company invested in a new factory in Wuxi New District, including manufacturing processing, engineering technology and parts distribution centers. In June 2008, the expansion of the plant was completed, which greatly improved the production efficiency and became one of the world's most advanced plants for Cummins turbocharger technology. In view of the continuously growing market demand, especially the strong market demand for high-quality small boosters, Wuxi Cummins Turbo Technology decided to build a new second plant in 2010 and manage it with the Wuxi National Hi-tech Industrial Development Zone in April 2011. The committee signed an investment agreement. Immediately after that, the company established a project team and a management review team to use the Cummins standard new factory startup process to ensure that the project is completed efficiently, accurately and at low cost. Since its establishment in 1996, the Wuxi Cummins turbocharging technology has achieved an annual output of more than one million booster units with high-speed growth, and currently accounts for nearly half of the domestic medium- and heavy-duty power mainframe market. With the upgrading of emission regulations, rising oil prices, and the maturation of user groups, the market for high-quality turbochargers in the country has grown rapidly, and the performance, reliability, durability, power, and international reputation of Holset have increased. Turbocharger precisely meets customer needs. In the next five years, the company expects to maintain a compound annual growth rate of 20% in sales of domestic host business, and achieve annual sales of 1.79 million units. The ground breaking of the second plant project of Wuxi Cummins Turbocharged Technology will lay a solid foundation for the company's sales growth. †The engine industry is a core technology-intensive industry, and technological capabilities determine whether the engine products have a continuous competitive advantage. In order to support the speed of R&D of customers and the speed with which new products are put on the market, Wuxi Cummins Turbo Technology continues to develop technologies that are suitable for future products. In recent years, the company has continuously increased its investment in technology research and development. In 2011, it completed the transformation project of the second phase of the technology center. The enhancement of engineering capabilities has enabled Wuxi Cummins turbocharger technology to develop local and overseas markets and become a preferred technology partner for customers. In recent years, Wuxi Cummins turbocharged technology has achieved many landmark developments, including the successful offline production of the 6 million turbochargers and successful mass production of small turbochargers. At the same time, with its excellent quality, advanced technology, timely delivery, and excellent service, Wuxi Cummins has also won the recognition of the industry partners and a number of awards. About Silicone Cable Winder
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