On the 12th, the first phase of the investment of 90 million US dollars in Musashi Precision Auto Parts Project was started in Nantong Development Zone.
Located in Toyohashi City, a friendly city in Nantong, the company is specialized in the production of key components for passenger car gearboxes, engines and suspension systems. Matching.
The company plans to establish a key component project for automotive automatic transmission engines in East China, and set up a China Technology Research Center. In the end, Musashi Company set up the first large-scale production base in East China, which is located in Nantong Development Zone, which will further promote the industrial transformation and upgrading of the city development zone.
The newly-built Musashi Precision Auto Parts Project is expected to be completed and put into production by the end of 2015. The production and sales scale in 2020 will reach RMB 1 billion.
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