{"id":31674,"date":"2025-09-06T04:41:34","date_gmt":"2025-09-05T21:41:34","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=31674"},"modified":"2025-09-06T04:41:34","modified_gmt":"2025-09-05T21:41:34","slug":"nexteer-signs-agreement-for-new-smart-manufacturing-project-in-suzhou-china","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=31674","title":{"rendered":"Nexteer Signs Agreement for New Smart Manufacturing Project in Suzhou, China"},"content":{"rendered":"\n\n\n
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Advances <\/i>M<\/i>anufacturing <\/i>E<\/i>xcellence, <\/i>E<\/i>xpands Capacity & Optimizes Footprint<\/i><\/p>\n

SUZHOU, China<\/span><\/span>, Sept. 5, 2025<\/span><\/span> \/PRNewswire\/ — Nexteer Automotive and the Administrative Committee of Suzhou Industrial Park have signed a Memorandum of Understanding (MoU) to establish Nexteer’s Suzhou Smart Manufacturing Project.<\/p>\n

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Under the MoU, Nexteer will acquire land in Suzhou to build a new, state-of-the-art smart manufacturing base. The planned land area for this project is 10 hectares, and the building area is approximately 70,000 square meters. Upon completion, the company will relocate operations from its current leased facility in Suzhou to the newly company-owned site. Today’s MoU milestone underscores Nexteer’s commitment to advancing smart and sustainable manufacturing while accelerating production capacity, customer responsiveness, innovation and value.<\/p>\n

FUTURE-PROOFING SMART, GREEN MANUFACTURING, ENABLING MOBILITY MEGATRENDS<\/b><\/p>\n

The new plant will be designed and constructed using principles of “intelligence + green” combining high-standard facilities with intelligent production lines. It will accelerate the digitalization and sustainability of Nexteer’s manufacturing processes while significantly expanding capacity for advanced motion control solutions, including Electric Power Steering, Steer-by-Wire and other technologies that enable mobility megatrends.\u00a0<\/p>\n

STRENGTHENING REGIONAL GROWTH & GLOBAL COMPETITIVENESS<\/b><\/p>\n

Since establishing operations in Suzhou in 2007, Nexteer has steadily increased its investments in the local area – from manufacturing plants and its APAC Technical Center to its APAC Headquarters. This new smart manufacturing project builds on this strong foundation and represents another step in Nexteer’s regional optimization strategy.<\/p>\n

Through continuous technological research and development, smart manufacturing practices and industrial talent cultivation, the company has deeply participated in and effectively promoted upgrading and development of the automotive industry chain in Suzhou.<\/p>\n

“Signing this MoU today for Nexteer’s Suzhou Smart Manufacturing Project is a key milestone in our China<\/span> and broader APAC growth strategy,” said Li Jun<\/span>, Global Vice President and APAC Division President, Nexteer Automotive<\/i><\/b>. “<\/i>Suzhou and the Yangtze River Delta region offer abundant resources, outstanding talent and a mature supply chain \u2013 a strong foundation for Nexteer’s future. We will also continue to leverage local innovation with global collaboration across Nexteer to deliver advanced steering and motion control solutions at ‘China<\/span> speed’ for our global and domestic customers.”<\/i><\/p>\n

STRONG TRACK RECORD OF STRATEGIC FOOTPRINT OPTIMIZATION<\/b><\/p>\n

This MoU signing in Suzhou follows several recent footprint initiatives that strengthen Nexteer’s global and local customer support and operational excellence:<\/p>\n