Press releases

Moventas expands its Chinese operations into manufacturing

The plan, in line with Moventas’ strategy, is part of expanding the company’s operations closer to the customers.

Moventas' Western customers operating in China, as well as Chinese customers, have wished for the company to start local manufacturing of industrial gears in China. The Asia Pacific area is a growing market for the industrial gears business.

The Suzhou unit, presently a service center, will start manufacturing components and industrial gears and, when needed, customer-specific volume products, all fulfilling Western quality requirements.

During 2011, the Suzhou unit will recruit 40-50 new employees in addition to the current 20 of staff. The recruitment has no effect on employment in Finland.

- Our Industrial Gears division grows as demand is recovering, hence the Karkkila factory that serves our Western clientele is also currently recruiting, reminds Moventas CEO & President Jukka Jäämaa.

Manufacturing operations in Suzhou will kick off in the summer of 2011.

Further information:

CEO & President Jukka Jäämaa, Moventas Oy, tel. +358 50 526 7665, jukka.jaamaa@moventas.com

About Moventas

Moventas is a wind gearbox technology expert and service provider. Moventas’ technology strives for lowering the cost of energy across the lifecycle of wind energy generation, from superior gearbox design and manufacture to extensive multi-brand service for 20 different turbine brands' gearboxes globally.