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Emerson hot on Nanjing
US-BASED Emerson Process Management Co Ltd plans to invest US$30 million to build a production facility in Nanjing.
The Asia Flow Technologies Center will be the company's sole production base in Asia and the fourth of its kind worldwide. The others are in the United States, Canada and Mexico.
China has become Emerson's second-largest market after the US, and building a plant here is part of the company's strategy to capitalize on the growing market in the Asia-Pacific region, said Mike Train, president of Emerson Process Management Asia-Pacific.
The facility, to be located in the Nanjing Jiangning Science Park, will cover about 12,500 square meters. It is expected to be completed in 2008.
The plant will produce process control equipment, including flow meters, density meters and ultrasonic devices, officials said.
Emerson first licensed technology to China in 1979 and opened its first factory in the country in 1992.
chinajob This entry was posted on August 28th, 2007 at 11:24:36 am by ChinaJob and is filed under Investing in China.