Strategic growth in Asia
On 8 June, WIKA’s Chinese subsidiary held a ceremony to mark the opening of a new factory. The site covers more than 20,000 square metres and is the second plant at the Suzhou site. For the measurement technology manufacturer, the opening represents a significant step towards achieving its growth targets in China and in Asia. The branch now has significantly greater production capacity. WIKA has thus adapted to market requirements and laid the groundwork for reliably meeting rising local and global demand. The plant manufactures a wide range of key products – including UHP pressure gauges, flow devices and instruments for SF6 gas monitoring. In addition to production, the new plant has also expanded WIKA’s research and development capacity.
Asia is an important growth market for WIKA. The measurement technology manufacturer is making targeted investments in R&D and is constantly developing its technological expertise on site. By pursuing a strategy of offering the Chinese market innovative, high-quality products and cost competitive solutions, WIKA has built up long-term trust with local customers. This is a key competitive advantage and the foundation for further growth, particularly in demanding sectors such as power engineering, refining and the petrochemical industry, as well as the pharmaceutical and semiconductor industries.
“For WIKA, localisation means more than just on-site production, it means establishing deep roots in the country,” says Alexander Wiegand, Chairman and CEO of the WIKA Group. “In 1997, we were among the first international companies to set up operations in Suzhou. Today, the site forms the heart of our extensive sales, production and research network in China. WIKA products can be found in all 34 provinces – from refineries and petrochemical plants in the East, through high-voltage switchgear in the North West, to pharmaceutical plants in the North and nuclear power stations in the South. WIKA China serves a wide range of customers offering the product customisation capability to serve the market.”