WABCO Holdings Inc., a provider of electronic braking, stability, suspension and transmission control systems for heavy-duty commercial vehicles, has opened its first fully owned manufacturing facility in China.
The company invested $35 million in Qingdao, a Chinese firm that employs 240 people in the production of electronic and advanced commercial vehicle systems, including anti-lock braking systems (ABS), compressors and other braking devices for domestic and global markets. The workforce is expected to increase to more than 1,000 people by 2012.
WABCO co-pioneered ABS technology for trucks, trailers and buses with DaimlerChrysler in 1981 and is the first international company to manufacture ABS for commercial vehicles in China following the introduction of legislation mandating ABS in 2005.
The company invested $35 million in Qingdao, a Chinese firm that employs 240 people in the production of electronic and advanced commercial vehicle systems, including anti-lock braking systems (ABS), compressors and other braking devices for domestic and global markets. The workforce is expected to increase to more than 1,000 people by 2012.
WABCO co-pioneered ABS technology for trucks, trailers and buses with DaimlerChrysler in 1981 and is the first international company to manufacture ABS for commercial vehicles in China following the introduction of legislation mandating ABS in 2005.
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