TRW to Open Expanded Technical Centre in Shanghai in 2013
SHANGHAI, April 19, 2011 - AUTO SHANGHAI - Hall W4, Stand C006 - TRW Automotive Holdings Corp. (NYSE: TRW) has today announced plans to open a new Technical Center in China in 2013. The 32,000 square meter facility will be built in Anting and will be able to accommodate more than 1,000 engineers.
John Plant, TRW Automotive president and chief executive officer, explained: "The new Tech Center in China demonstrates our long term commitment to China and the region and when complete will be one of our largest technical facilities worldwide. With over 26 million vehicles predicted to be built in the year 2016 in China, the automotive industry needs to be prepared to support this tremendous growth. Our Tech Center will support our customers with their ambitious plans."
The new Technical Center will house research and development, engineering design and application, testing and validation activities across all of TRW's product lines -- and will be able to directly provide its customers with technical and commercial services.
It is planned that construction of the site will commence in autumn of this year and will be ready for operations in 2013.
About TRW
With 2010 sales of $14.4 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
SOURCE TRW Automotive Holdings Corp.
CONTACT: Lynette Jackson, TRW Automotive, +44-121-506-5315, or Nicole Lei, TRW Automotive/China, + 86-21-6120-7004
Web Site: www.trwauto.com
