Date: 2013-08-01

The Schaeffler Group is Carrying Out Further Expansion in Asia

The Schaeffler Group will invest around EUR 300 million in Asia during the next few years in order to systematically further develop its existing operations there.

One the one hand, the investment will be used to develop the existing eleven manufacturing locations in China, India, Korea and Vietnam and on the other, manufacturing capacity will be expanded in China with two new factories for rolling bearings and engine and transmission components, and in India with one new manufacturing location. The objective of the investment is to gear the Schaeffler Group

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