New Site for JUMO's Chinese Subsidiary
Asia as an impressive growth market
The JUMO Chinese subsidiary "JUMO Automation Dalian Co. Ltd." took ownership of its new offices a few days ago. In so doing, the Fulda-based specialist in measurement and control technology is laying the foundations for further growth in China.
JUMO has been operating in China since 1997. The office and production space that the company initially rented in an industrial estate in Dalian, Northern China, is now proving to be too small. At the same time, annual turnover is increasing in double figures and the number of employees is currently over four hundred. In addition, there are six sales offices throughout the country.
Projections continue to be positive, so the JUMO corporate group management team has decided to open up a new site for the JUMO Automation Dalian Co. Ltd. subsidiary. A few days ago JUMO Head of Exports Reiner Riedl and Executive Director of the Chinese subsidiary Stefan Dette took ownership of the new building which offers 15,000 m² for production and administration. This constitutes a 100 percent increase in surface area and also offers sufficient space for the future development of the business. Relocation will be finished in September 2015.
"China plays an important role in our internationalization strategy," explains JUMO Managing Partner Michael Juchheim. The enormous market potential in Asia for JUMO - particularly for temperature sensors- can be tapped directly from Dalian. In addition, products that are manufactured in Germany are exported and distributed by the Chinese subsidiary.
"Our expansion in China and our plans for further construction at the company headquarters in Fulda mean a strengthened position for the worldwide JUMO production network. Our flexibility and impact will increase further," emphasizes JUMO Managing Partner Bernhard Juchheim. JUMO has 24 subsidiary companies around the globe, 13 of which are production sites.
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