Interroll to Replace Existing Facility in Suzhou, China
16th March 2020
Interroll (Suzhou) Co. Ltd. is to close its existing Suzhou factory in 2022 and open a new manufacturing location within the local area. A total of CNY 181 million (CHF 25 million) will be invested in the new and fully owned facilities. The new setup will extend Interroll’s production capacity and strengthen its readiness for future growth in the Asia Pacific region.
The Swiss-based conveyor motor specialist says that growth markets there—especially in China, the Association of Southeast Asian Nations (ASEAN) region, Korea, and Australia—show a good demand for Interroll products and provide significant potential for growth in the long term. Moreover, an increase in the base of installed material handling systems at customers is expected to provide additional service opportunities within the region. In 2019, about half of the output of Interroll Suzhou was delivered to destinations outside of the People’s Republic of China, with large-scale projects for the Korean e-commerce sector, as an example. Production at the new factory is scheduled to start in early 2022.