Oerlikon Balzers celebrates anniversary in China
It is 15 years since Oerlikon Balzers opened its first plant in China. It started with coatings for cutting tools, but now works with a range of tools and precision components in Suzhou.
When Oerlikon Balzers opened in Suzhou, the production site initially covered a small area of 1,000 square metres, writes the coatings specialist from Liechtenstein in a statement. Fifteen years later, Oerlikon Balzers has more than 13 customer centres in China. Today, the site is a vast production facility where the product range includes tools, automotive parts and precision components.
To celebrate its 15-year anniversary, Oerlikon Balzers invited six employees who contributed substantially to the establishment of the first plant to a special anniversary dinner. "Our relatively early market entry in 2004, followed by a rapid footprint expansion with outstanding products, consistent high-quality service and an employee focus, has paid off over the years,” said David Franz, Regional Executive Northeast Asia, in his speech.
As written in the statement, he added: “As one of the largest markets, China now plays an essential role in Oerlikon Balzers’ global presence and will continue to be one of the pillars of the its growth strategy.”