LEAX China moves from Kunshan to Wuxi!
On the 19th March 2018 attended LEAX Groups’ CEO, Henrik Fagrenius, a signing ceremony organized by the authorities of Wuxi city. LEAX has officially decided to move its production site from Kunshan city to Wuxi New District. The main reason for this is due to the need of expansion for a new project within the Automotive segment.
LEAX is committed into this project together with a global European customer and will be manufacturing and supplying associated high precision parts for new energy automotive vehicles. The investments for the new plant has been approved and until the end of this year the new plant will be running.
Wuxi New District has always been the highland for foreign investments and its efficient governmental service has been well acllaimed by businesses. Wuxi autorities are commited to expedite all related preparatory work to ensure smooth implementation of the new plant and new projects.
- Moving the headquarters of LEAX China to Wuxi is an important step for us. With the new plant LEAX will be able to implement different projects in China, which will better attend our customers’ demands, and will sustain the growth of our company in Asia. We also would like to demostrate our gratitude to the cares and supports from Wuxi’s government. We are glad to contribute to the development of the city, economically and socially speaking – says Henrik Fagrenius, CEO.
LEAX Group is a company with more than 1 200 employees. The company has operations in Köping, Falun, Falköping and Tidaholm in Sweden, Riga and Rezekne in Latvia, Curitiba in Brazil, Detmold in Germany, Mezökövesd in Hungary and Kunshan in China. LEAX Group is a manufacturer of mechanical components and subsystems for the heavy vehicle industry, mining and construction industries and other engineering industries. LEAX also delivers customized gearboxes for various mechanical engineering industries. The company is also engaged in consulting in quality, QA and environmental management. Sales for 2017 is estimated to over 1,8 billion SEK and over 3 billion SEK in 2020.