Key Safety Systems (KSS)’s joint venture partnership, Yangfeng KSS (YFKSS), has opened its new steering wheels manufacturing facility in the Huairou region of Beijing.
YFKSS will initially occupy 2,000 square meters of the new factory, with more than 100 employees focused on steering wheel production.
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The site has capacity to accommodate further expansion as additional steering wheel business or additional product lines, including airbags and seat belts, phase in.
Separately, construction is under way for the new YFKSS Shanghai factory located in the Pudong Kangqiao region of Shanghai, China, with the factory having more than 50,000 square meters of floor space.
“KSS appreciates the collaborative relationships we have cultivated with our
worldwide customer base – thanks to their confidence in KSS we are achieving healthy growth together” said KSS vice president of global sales, marketing & programme management, Ron Feldeisen.
“KSS gained market share in 2011 with our global revenue up more than 25% and KSS is poised to gain share again in 2012 as we sustain a double digit growth rate.
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By GlobalData“Our fastest growing region is China where YFKSS operates.”
