CHONGQING, China—Cooper Standard Holdings Inc., parent company of Cooper Standard Automotive Inc., has opened two facilities in China, one in Huai'an and the other in Chongqing.
The firm said in a Feb. 2 news release that its Chongqing facility officially opened on Feb. 1. It employs about 200 and is more than 193,000 square feet. Its facility in Huai'an is the first under its joint venture with Japan's Inoac Corp.—Cooper Standard Inoac Pte. Ltd. The operation spans about 50,000 square feet and eventually will employ about 300, Chief Operating Officer Keith Stephenson said.
Cooper Standard did not disclose investment details. It now operates 10 manufacturing facilities in China and a technical center in Shanghai, supporting all four of its core product lines—rubber and plastic sealing, fuel and brake lines, fluid transfer hoses and anti-vibration systems—with more than 5,200 employees.
“Basically in the last 24 months we've doubled our capacity in the Chinese market,” Stephenson said. “We've also now expanded to be able to support all four of our product lines. Previously we did not make FTS products, or hose products, in China. We now do through the joint venture with Inoac, and we're expanding our capacity in our fuel and brake business as well. We have plans for continued investment in the marketplace as well.”
Stephenson stressed that this additional capacity has been added to serve the local Chinese market, not to be exported back to the U.S. “This is about supporting what has now become the largest car market in the world,” the executive said.