On the morning of January 13^th, Vice Mayor Mr. Fang Guoqiang met with the delegation headed by Dr. Martin Komischke, CEO of HOERBIGER Holding. Leaders of Xinbei District Mr. Wu Xiaodong and Wang Yuwei attended the meeting.

Fang briefed Changzhou’s current situation of economic and social development. He stated that Changzhou will go great length to develop intelligent manufacturing equipment industry on the approach of Made in China 2025. Changzhou embraces high-tech and promising projects, and looks forward to win-win cooperation between both sides.

Dr. Komischke said that HOERBIGER Holding’s investment in Changzhou is the right choice. Changzhou is highly competitive in the market and has a promising future. Currently, HOERBIGER’s plants in Changzhou have been expanded for the third time, which means HOERBIGER has localized the production of all its synchronizer systems, products and services in China.

HOERBIGER Drive Technology is a Strategic Business Unit of HOERBIGER Holding AG, Aug, Switzerland. It is active throughout the world as a leading player in the fields of compression technology, drive technology and automation technology. In 2014, its 7,004 employees achieved sales of 1.1 billion euros.