New $300 Million Ford assembly line in China
Nanchang, China, July 18, 2010 – Ford Motor China’s tactical associate Jiangling Motors Corp (JMC) commenced today for a state of the art USD 300-million manufacturing plant in Nanchang, Jiangxi Province.
The new plant will be able to produce up to 300,000 automobiles annually and will manufacture both Ford- and JMC-branded automobiles . A tactical partner in producing Commercial Vehicles in China, JMC is thirty percent owned by Ford.The Ford Transit sold in China is built by JMC .
Robert Graziano, Ford Motor China Chairman and CEO, joined JMC Chairman Wang Xigao and Su Rong, Party Secretary of Jiangxi Province, for the groundbreaking announcement and the symbolic cutting of the ribbon, as JMC executives and provincial and city government officials gathered to mark the historic occasion .
In Graziano’s remarks , he emphasized the tactical importance of the Chinese automotive market. ”Today’s groundbreaking is another step in Ford Motor Company’s strategy to expand our production and automobile portfolio here in the biggest automotive market in the world,” he said. ”Our recent investments to expand JMC in Nanchang and Changan Ford Mazda Automobile in Chongqing are part of our long-standing promiss to bring first class -quality, fuel- saving and easy -to-drive automobiles to China from our global portfolio.
Growing our sales in China helps contributes to the ONE Ford tactic by continuing to deliver long lasting products and advantageous growth for all.”
The Jiangling Xiaolan Base is proof of Ford’s commitment to increasing business in China, Graziano added. The Jiangling Xiaolan Base will be sited in Nanchang, around 775km southwest of Shanghai.
The new plant will follow Ford’s quality for first -class automobile manufacturing , with extremly automated and adaptable assembly lines.
manufacturing professionals from Ford will work closely with Jiangling Motors Corp to bring the newest plant online. The new plant is expected to start production at the end of 2012.
JMC and Ford already operate 2 manufacturing facilites together , with production of 50,000 and 160,000 units annually , respectively. The new plant will be JMC’s biggest , most modern plant .
Graziano said that having a partner like JMC will ensure Ford’s constant success in China. ”To win in a market like China, it is neccesary to have reliable partners like JMC ,” he noted. ”Jiangling Motors Corp has long-running relationships with Chinees suppliers and a network of dealerships that extends through China .” With automobiles sales increasing constantly , Ford and JMC are building the Jiangling Xiaolan Base to raise production capacity and keep up with local and international demand for high-quality vehicles .
Over the previous many years, JMC has continued to expand , becoming a leader in China’s commercial automotive industry . Jiangling Motors Corp will continue to work directly with Ford to further expand its product range and technological strength.
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