AUBURN HILLS, Mich.—Henniges Automotive Inc.'s newest joint venture will allow the Auburn Hills-based automotive sealings maker to expand its customer base and strengthen its business in the growing Chinese market.
Henniges said March 1 that it had entered in a strategic joint venture with auto components maker Guizhou Guihang Automotive Components Co. Ltd. The JV will operate under the name Henniges (China) Sealing Systems Co. Ltd.
"This joint venture allows us to bring our longstanding expertise to additional customers in the region," Larry Williams, Henniges CEO and president, said in statement. "Building on the success of Guizhou Guihang Automotive Components and their strong existing systems, we can leverage talent and synergies to fully serve the China market."