The Würth Group to Establish Asia Pacific’s Largest Supply Chain Center in Haiyan (China)
On Dec. 04, the representatives from German Würth Group HQ and the company’s guests from China together attended a ceremony at Haiyan Economic Development Zone for the launch of its 2nd phase of supply chain center in the greater China region.
The Würth Group has been dedicated to fastener R&D, trading and service and has been also a leading assembly technology solutions provider in the market for global customers. Its total sales last year reached €12.7 billion. The project of the Würth Group’s Asia Pacific’s Supply Chain Center was signed and witnessed by German Chancellor and Chinese Premier in 2015 and was officially set up at Haiyan Economic Development Zone in 2016. The fastener industry in Haiyan has evolved into a very well-development supply chain and The Würth Group’s project in Haiyan will specifically focus on warehousing, logistics and trade of hardware.
According to Larry Stevens, CEO of Würth China, the Würth Group chose Haiyan from more than 40 locations in China. As soon as the 2nd phase of project begins operation, various types of fasteners will be shipped from the Center to many other regions in Asia Pacific. Automated systems and paperless devices will be adopted and IoT and data intelligence will be introduced into manufacturing and operation as well to greatly enhance efficiency.