Maxion Wheels, the world's largest wheel manufacturer, and its new joint venture partner, Dongfeng Auto Parts Group, on June 6, 2019 in China Suizhou held a groundbreaking ceremony for their future 22,000 square meters factory. The new company, Dongfeng Marcox Wheel Co., Ltd. is proud to have witnessed this important milestone with distinguished guests, including government officials and company executives, customers, suppliers and partners.

"The plant, together with our new partner, Dongfeng Auto Parts, will meet the future needs of global and Chinese automakers for locally produced aluminum wheels," said Pieter Klinkers, CEO of Mark Chong Wheel. With the cooperation of one of the auto parts companies, we can quickly bring the global aluminum wheel manufacturing expertise to the world's largest automotive market."

Kai Kronenberg, vice president and chief representative of Marco Xund Wheel in China, added: "We estimate that production will begin before the end of 2020 and we plan to produce 2 million bright-processed die-cast wheels per year."

About Markon Wheel

Maxion Wheels, a division of Iochpe-Maxion SA, is a leading wheel manufacturer specializing in the production of wheels for passenger cars, light trucks, buses, commercial trucks and trailers. The company also produces wheels for agricultural vehicles and other off-highway vehicles. With more than 100 years of experience in wheel manufacturing and more than 10,000 employees worldwide, Marcox Wheel has become the world's largest wheel manufacturer with an annual production of nearly 60 million wheels. The company serves global original equipment manufacturer (OEM) customers through a vast global network of 23 plants and state-of-the-art technology centers in 12 countries in the Americas, Europe and Asia. For more details, please visit the Markon Wheel website: www.maxionwheels.com .

About Dongfeng Auto Parts (Group) Co., Ltd.

Headquartered in Shiyan City, Hubei Province, Dongfeng Auto Parts (Group) Co., Ltd. is a subsidiary of Dongfeng Motor Co., Ltd., specializing in R&D, manufacturing and sales of auto parts, including chassis systems, car and body systems, electric drive systems, Brake and intelligent drive systems, powertrain systems, thermal management systems and lightweight technology.

Dongfeng Auto Parts (Group) Co., Ltd. has 14,000 employees and 38 subsidiaries, including a listed company Dongfeng Electronic Technology Co., Ltd. (stock code: 600081), an overseas company and 14 joint ventures. The Group's annual sales in 2018 was RMB 18 billion, making it one of the largest auto parts suppliers in China.

Disclaimer: The original version of this announcement is an officially licensed version. The translation is for your convenience only. Please refer to the original text. The original version is the only legally valid version.

Contacts
Marco Xun Wheel Media Contact:
Colleen Hanley
Global Director of Marketing and Communications
Tel: +1 (248) 916-2477
Email: colleen.hanley@maxionwheels.com

Dongfeng Media Contact:
Zhou Jiazhi Director of
Corporate Culture Communication Department
Dongfeng Auto Parts (Group) Co., Ltd.
Tel: +86 (0719) 8221814
Email: zhoujz@dfl.com.cn

 

Source: businesswire.com

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