Gunnebo inaugurates production plant in Kunshan, China
Today, Gunnebo security group’s President and CEO Per Borgvall inaugurated the Group’s new production plant in Kunshan, China. The production facility will strengthen Gunnebo’s position as an already leading supplier of entrance control solutions to the booming Chinese market for mass transit.
The brand new factory is located some 40 km outside Shanghai, where Gunnebo has had a sales company established since August 2010. From the start, production will focus on entrance control solutions for metro systems, products also known as “flap gates”, specifically developed for the Chinese metro market by Gunnebo a few years ago.
“This investment will allow Gunnebo to continue to strengthen its market position in China, primarily on the booming market for mass transit,” comments Mats Johansson, Country Manager Gunnebo China. “Going forward we will of course look into the possibility to also produce other Gunnebo products in Kunshan. Having a solid platform for local production in place is a prerequisite if we are to compete and take our share of the growth cake also in other interesting segments of the Chinese market.”
“The establishment of an industrial platform in China very much follows our strategic agenda when it comes to boosting the Group’s organic growth, ensuring that we have the right prerequisites to be a proactive player within our field of excellence on the world’s growth markets,” comments Gunnebo’s President and CEO Per Borgvall.
The inauguration was attended by some 85 invited customers, partners, suppliers, delegates from the Chinese local government and journalists from a range of influential papers including China Daily. Images from the inauguration will be available for download on www.gunnebo.com.
GUNNEBO AB (publ)
Group Communications
For further information, please contact:
Per Borgvall, President and CEO Gunnebo AB, tel. +46 10 2095 000, or
Mats Johansson, Country Manager Gunnebo China, tel. +86 186 0218 6450, or
Karin Wallström, Communication & IR Director Gunnebo AB, tel. +46 10 2095 026, or e-mail karin.wallstrom@gunnebo.com
Gunnebo security group has an annual turnover of MEUR 640 and 6,000 employees. We are suppliers of integrated security solutions for bank, retail and sites in need of high security protection. Our experience and presence make your world safer.
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