Sampsistemi expands Operations in China
Sampsistemi expands Operations in China.
Bologna, IT, Release: July 18th, 2018 For immediate Release.
Sampsistemi, a company part of the SAMP Group, has announced the expansion of its operations in the China based subsidiary Sampsistemi (Shanghai) Co. Ltd.
As a result of the recent acquisition of Setic and Pourtier, two well-known French companies part of the Gauder Group, Sampsistemi has decided to expand and strengthen the existing Chinese footprint. The plan is to expand the SETIC plant in Changzhou with a significant investment in infrastructure and enlargement of the whole production area.
The SETIC plant, located in the Xinbei District, covers an area of 6,400m2 and it is currently dedicated to the manufacturing of rotating machines and related equipment for the wire and cable industry. The expansion plan will increase the manufacturing area up to 10.000m2, plus 2.600m2 dedicated to office space. The unit will be equipped with state of the art assembly lines for wire and cable machinery and an enhanced R&D center with a test lab. Each space will meet the highest safety and quality standards.
The consolidation of the production capacity into one location will allow us to fully synergize the combined know-how and technologies, while providing greater value to our customers.
Lapo Vivarelli Colonna, CEO of SAMP, stated “With the acquisition of Setic and Pourtier, Sampsistemi has completed a three-year strategic initiative aimed at strengthening its leading position in the market and meeting the ongoing demand for a single source-provider, capable of supporting the clients with cutting edge solutions. The new organization will enhance our capability to provide products and services in China, the largest wire & cable market in the world”.
Sampsistemi is a Company of the Maccaferri Industrial Group, an international holding active in 7 main sectors, boasting a turnover of 1.2 billion Euro, 58 production plants and 4,600 employees worldwide.