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On July 18th, 2011, the internationally renowned automobile parts manufacturer and French Faurecia Group signed an investment project agreement with the Yancheng Economic Development Zone in Jiangsu. According to the agreement, Faurecia will manufacture cars in the Yancheng Economic and Technological Development Zone. Chair machine components, plans to reach 4 million annual output.
According to the agreement, Falco, France, invested US$42 million to build a new chair factory. The new factory occupies an area of ​​approximately 22,000 square meters and is expected to start construction by the end of this year and achieve maximum capacity in the summer of 2013.
At the same time, Faurecia of France also stated that China, as an emerging market, will be the profit growth point for the development of Faurecia Group. Currently Faurecia Group has established four R&D centers and 25 factories in China.
FAURECIA is one of the world's leading auto parts suppliers. Produce and provide high quality and innovative products, technology solutions and services to automotive manufacturers. The six major automotive modules designed, developed, manufactured and delivered by Faurecia include seats, door panels, instrument panel integration, sound insulation systems, front-end modules and exhaust systems; today's major automobile manufacturers use at least one of them to assemble their vehicles. .
Faurecia Group's business spans the globe with a total of 60,000 employees and is distributed in 190 factories in 28 countries. In 2006, the Group’s sales reached 11 billion euros, and ranks among the leading auto parts manufacturers. Faurecia entered China in the 1990s and currently has nearly 3,000 employees in 14 factories in Shanghai, China, Changchun, Wuhan, Chongqing, Wuxi and Nanjing, providing seats, interiors, skeletons and components for automakers. Front end module and exhaust system. In 2006, sales in China reached 3.07 billion yuan.