Cooper-Standard Holdings Inc., the parent company of Cooper-Standard Automotive Inc., demonstrated its commitment to global expansion in the Asia Pacific region with the grand opening of its new Asia Pacific technical center in Shanghai on July 24. The company’s Asia Pacific headquarters will also relocate from Kunshan, China, to the new Shanghai facility.
The new Asia Pacific technical center and headquarters covers 762 sq. metres with 55 employees who support the entire region’s customer base. From this location, the company will provide local technical support with engineering and design capabilities to the entire customer base in the region.
“The opening of this facility is the latest step in executing Cooper Standard’s profitable growth strategy,” said Jeffrey Edwards, its Chairman and CEO. “The Asia Pacific region represents the greatest growth in automotive production through 2020. The new facility expands Cooper Standard’s technical presence by providing additional engineering capabilities and support for our customers in the region and on a number of global platforms.”
At the event, Edwards and Cooper Standard’s Global Leadership Team highlighted the company’s growth strategy, including its current and future goals. The Shanghai facility showcases technology innovations and underscores the company’s commitment to grow in the region. Attendees were also invited to tour the new technical center.
The opening of this center is another example of the company’s global expansion efforts to support its automotive customers around the world. In June, the company opened a 19,200 sq. metre facility in Sremska, Serbia, to manufacture sealing systems in the European region. The other recent expansion projects include sealing production in Aguascalientes, Mexico, and fluid transfer and fuel and brake delivery systems in Fairview, Mich., both in the North American region.