Holland Neway International, a member of The Holland Group Inc, will build a manufacturing facility near Beijing to provide Holland Neway air-ride suspensions to the bus market in China. This facility, 100% owned by the Holland Group, will be in operation by year-end 2000.
The first products manufactured there will be Holland Neway air-ride suspensions for Chinese bus applications. In the next 12 to 18 months, the operation will expand to manufacture Holland Neway trailer air-ride suspensions. Most components will be locally sourced. Jeff Talaga, director-Holland Neway Truck Suspension Business Unit, will direct the China facility startup and be initially responsible for its ongoing operation.
