Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
web
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • International Elastomer Show
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Executive Action
    • Government/Legal
    • ITEC
    • Opinion
    • Technical Notebooks
    • HEXPOL Sponsored Content
    • Starting young: Rubber Division targets high schools to fill talent gap
      ChemSpec enjoying busy 2019 with new agreements, division
      view gallery
      18 photos
      Rubber Division honors leaders, students at Business and Awards Meeting
      view gallery
      9 photos
      Rubber Division wraps up 2019 International Elastomer Conference
    • Column: EV hype or reality? Follow the money
      How General Motors puts batteries through their paces
      As e-commerce grows, companies seek best ways to get products to customers
      ContiTech acquires CRP's belt kits program
    • Yokohama releases new E-3 radial tires for scrapers
      Goodyear to roll out online tire retail program in Europe
      Cooper recalls U.K.-made Avon motorcycle tires
      Continental app helps farmers calculate ag tire pressure, load
    • Wacky World of Rubber: Hunting for rubber ducks on cruise ships
      Trelleborg completes Tritec Seal acquisition
      John Grasmeyer focuses on education for NIBA
      Avon marks 2019 as 'transformational' year
    • Hexpol names Ken Bloom president for North America
      LSR technology shines at K 2019
      TPC plant explosion's impact on butadiene market still being assessed
      Monolith appoints chief technology officer
    • Hexpol names Ken Bloom president for North America
      Monolith appoints chief technology officer
      Delta-Energy Group selects new CEO
      John Grasmeyer focuses on education for NIBA
    • As tool makers press to bring back tariffs, other manufacturers push back
      AMBA files formal request to bring back tariffs on Chinese molds
      Auto parts makers pay $23 million to settle price fixing case
      USTMA aims to raise scrap tire recovery rate
    • Goodyear finds traction with soybean oil
      Cassioli expands with sales office in Alabama
      Rodolfo Comerio looks forward as it celebrates past
      Tire Industry Project launches platform for sustainable natural rubber
    • Column: EV hype or reality? Follow the money
      Column: Lessons from Best Places to Work
      Editorial: Cooper Standard a sign of changing automotive times
      Editorial: Hose industry makes big strides in safety focus
    • SSBR, bio-sourced plasticizer for conveyor belt use
      EPDM solution for automotive dense weatherstrip
      High heat resistant EPDMs for auto hose uses
      Rubber standards in today’s world economy
    • Sponsor Content
      Rubber in Transportation and Tire
      Sponsor Content
      Rubber in Wire and Cable
      Sponsor Content
      Process Control Systems Ensure Consistency and Lot Traceability While Protecting Proprietary Formulations
      Sponsor Content
      Reasons for Using Performance Additives
  • Blogs
    • Products
    • Wacky World of Rubber
    • LSR technology shines at K 2019
      New Products: Master Bond rolls out thermally conductive epoxy sealant
      New Products: Lanxess introduces vulcanization accelerator
      Covestro's CO2 technology earns Germany's President's prize
    • Wacky World of Rubber: Hunting for rubber ducks on cruise ships
      Wacky World of Rubber: Floating ideas for the future of mobility
      Wacky World of Rubber: Goodyear, rubber industry make parade part of Thanksgiving traditions
      Wacky World of Rubber: How to make your own Halloween mask
  • Newsletters
    • Rubber in Automotive
    • Silicone News
    • Latex News
    • Sign Up for Newsletters
    • Column: EV hype or reality? Follow the money
      How General Motors puts batteries through their paces
      As e-commerce grows, companies seek best ways to get products to customers
      ContiTech acquires CRP's belt kits program
    • LSR technology shines at K 2019
      Starting young: Rubber Division targets high schools to fill talent gap
      Column: Lessons from Best Places to Work
      New Products: LSR 3D printing technology spotlighted at K Show
    • Natural rubber producers 'extremely concerned' over disease outbreak
      Starting young: Rubber Division targets high schools to fill talent gap
      Kent Elastomer promotes two
      Corrie MacColl details landmark collaboration in Cameroon
  • Multimedia
    • Videos
    • Photo Galleries
  • Directory
  • Resources
    • Classifieds & Mold Mart
    • Data Store
    • Digital Issue
    • White Papers
  • Events
    • RPN Conferences
    • RPN Live
    • Events Calendar
    • Submit an Event
    • Webinars
    • Past Events
  • Advertise
MENU
Breadcrumb
  1. Home
  2. News
March 07, 2014 01:00 AM

ContiTech DaeWon to expand Korean site

  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Photo with people: Opening ceremony of ContiTech DaeWon: Together with Hannes Friederichsen, Head of the Business Unit ContiTech Air Spring Systems (right), John Regenbrecht, representative of the German Embassy in Korea (third from right), and the management of the joint venture, ContiTech Chairman Heinz-Gerhard Wente (second from right) is a among a group of dignitaries who inaugurated the new production facility in Cheonan.

    CHEONAN, South Korea—ContiTech DaeWon Air Springs Ltd. is expanding its presence in Cheonan.

    The joint venture is opening a production site in approximately 54,000 square foot facility, with projected annual production of 180,000 air springs.

    ContiTech DaeWon said it invested about $5.13 million in the new facility. The joint venture previously was housed in a rented factory. It employs 22.

    The firm said the building took less than six months to construct, and the inauguration aligns with the 10th anniversary of the joint venture between ContiTech and DaeWon Kang Up.

    “The new building clearly says something about the future of our joint venture,” said Hannes Friederichsen, head of ContiTech Air Spring Systems. “We have been working together successfully for 10 years and have achieved a strong position on the Korean market. With a factory of our own, we intend to further expand the relationships we already have and tap into new business as well.”

    The 54,000 square feet of space at ContiTech DaeWon Air Springs Ltd.'s new production facility in Cheonan will boost annual production capacity to 180,000 air springs.

    The firm chose the location because it offers good road links and easy access for customers and suppliers.

    Air springs produced by ContiTech DaeWon are used primarily in rail vehicles. Key customers include Hyundai, Kia and Daewoo Bus.

    Related Articles
    ContiTech expands belt operation in China
    ContiTech makes bold acquisition; $1.9 billion purchase of Veyance to double N…
    Global growth ambitions: ContiTech projects target Slovakia, S. Korea
    Veyance acquisition fuels more optimism for ContiTech
    ContiTech lauds Italian compounder
    Riding high; ContiTech expands e-bike unit
    Letter
    to the
    Editor

    Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    SIGN UP FOR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber & Plastics News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber & Plastics News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    web
    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Contact the Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Terms of Service
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News Europe
    • Plastics News China
    • Plastics & Rubber World
    • LSR World
    • Urethanes Technology
    • Automotive News
    • Autoweek
    • Crain Brands
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • News
      • International Elastomer Show
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Executive Action
      • Government/Legal
      • ITEC
      • Opinion
      • Technical Notebooks
      • HEXPOL Sponsored Content
    • Blogs
      • Products
      • Wacky World of Rubber
    • Newsletters
      • Rubber in Automotive
      • Silicone News
      • Latex News
      • Sign Up for Newsletters
    • Multimedia
      • Videos
      • Photo Galleries
    • Directory
    • Resources
      • Classifieds & Mold Mart
      • Data Store
      • Digital Issue
      • White Papers
    • Events
      • RPN Conferences
      • RPN Live
      • Events Calendar
      • Submit an Event
      • Webinars
      • Past Events
    • Advertise