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China - Germany's largest aluminum casting enterprise Handtmann Group invested in Tianjin
Issued at 2015-08-12
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Handtmann Light Metal Foundry (Tianjin) Co., Ltd., a wholly foreign-owned enterprise invested by Handtmann Group, was founded in Tianjin Airport Economic Zone. With a total investment of 75 million euros, the company has a construction area of up to 52,000 square meters, and is equipped with 12 die casting machines and two smelting furnaces.
Annually, 27,000 tonnes of aluminum ingots will be produced, and two million transmission and clutch housings will be provided for Volkswagen after the company gets into production. Handtmann Group is the largest aluminum casting enterprise of Germany, and the Handtmann Light Metal Foundry (Tianjin) Co., Ltd. is its first production base in Asia.
Source: China Foundry Association - CFA
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