Hendrickson Expands Global Footprint with New Manufacturing Facility in China
ITASCA, Ill. - Recently Hendrickson entered a strategic cooperation agreement with Sinotruk (Hong Kong) Limited, an affiliate of China National Heavy Duty Truck Company (CNHTC), China's largest manufacturer of heavy-duty trucks. Under this agreement, Hendrickson will design, develop and manufacture suspension systems for use in heavy-duty trucks manufactured by CNHTC or its affiliates.
Hendrickson established a production facility in Jinan, Shandong Province, China. The plant will initially manufacture and supply suspension systems necessary to support CNHTC. Operations began in the second quarter of 2010, with full production capability targeted for the fourth quarter 2010.
Hendrickson CEO Gary Gerstenslager commented, "Hendrickson is pleased to enter into this relationship. The technical and commercial groups have been working on various projects over the last three and a half years. Together we can bring customized suspension solutions to Sinotruk's Chinese customers."
Sinotruk group is the market leader for heavy trucks in China and has a market share greater than 20 percent. In 2009, Sinotruk shipped more than 125,000 trucks. The main production sites of the company are located in Jinan, the capital of the province of Shandong.
Hendrickson, a Boler company, is a premier, global manufacturer and supplier of truck, tractor, bus and recreational vehicle suspensions and heavy-duty springs; trailer suspensions, controls and nonintegrated axles; truck and trailer lift axles, and bumpers and trim components to the commercial transportation industry. Hendrickson, based in Itasca, Ill., USA, continues to meet the needs of the transportation industry after more than 95 years. For more details regarding Hendrickson, visit the main Hendrickson web site at www.hendrickson-intl.com or visit the Hendrickson China web site at www.hendrickson.com.cn.
For more information contact:
Mark Slingluff
Hendrickson
(330) 489-0050
mslingluff@hendrickson-intl.com
