The Jiangning automobile industry chain has added new troops. Recently, ArvinMeritor, a global leader in heavy-duty automotive system components, signed an agreement with Jiangning Science Park to invest in intent.
According to the agreement, ArvinMeritor will invest 16 million U.S. dollars in Jiangning Science Park to establish a new technology center and production base to expand its business scale in China and enhance the company to provide professional technical support and advanced product solutions for Chinese users. And localized production capabilities.
Throughout the project, ArvinMeritor will invest approximately $8 million in new technology centers. After the completion of the new technology center, it will be mainly used for the technology research and development of the company's power transmission system products for commercial and industrial vehicles in China.
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