JMC's Ford Engine Project Taiyuan starts construction

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On the morning of May 20th, JMC's Ford engine project started construction in Taiyuan. Shanxi Provincial Governor Li Xiaopeng, Provincial Party Standing Committee, Taiyuan Party Committee Secretary Chen Chuanping, and Deputy Governor Ren Runhou attended the opening ceremony. Wang Xigao, chairman of Jiangling Motors, and Luo Lixiang, chairman and CEO of Ford Motors (China) Co., Ltd., delivered speeches.

Jiangling Heavy Duty Truck is a key high-end equipment manufacturing project introduced by Taiyuan City. It was jointly built by Jiangling Motors and the Ford Motor Company of the United States. This project will increase investment by 3.415 billion yuan and eventually build an annual output of 100,000 vehicles including the Ford and Jiangling brands. Heavy-duty truck companies have sales revenues exceeding 15 billion yuan. The commencement of the construction of the JMC engine project is an important result of the strategic cooperation between Ford and JMC. Jiangling has invested in construction funds and an engineering team. Ford has provided advanced product and technology licensing. The heavy-duty diesel engine has world-class advanced technology advantages. With its excellent environmental protection and energy-saving features and excellent quality, it will enable Jiangling Heavy-duty Trucks to form a strong core competitiveness and become a driving force for business growth.

It is reported that the engine project planning area of ​​280 acres, the first phase of the project will build engine block / cylinder head machining and assembly line and related supporting facilities, designed annual production capacity of 10,000 engines, is expected to be completed and commissioned in the second half of 2015.

The JMC's Ford engine project is one of the key industrial transformation projects in our province this year. It marks the beginning of the golden period and acceleration period for fixed asset investment and project construction in our province. According to statistics from the provincial key office, from January to April, 87 new key construction projects were started in our province, with a total investment of 365.385 billion yuan. Among them, there are 78 non-traditional industrial projects with a total investment of 332.096 billion yuan, accounting for 89.66% and 90.89% of the total number of projects and the total investment. It shows that the province's fixed asset investment has maintained a good momentum of growth, non-resource industries have grown rapidly, and the industrial transformation has taken firm steps.



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