Kendrion N : Kendrion opens new manufacturing facility in Suzhou, strengthening its position in China
May 25, 2023 at 05:15 am EDT
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Kendrion N.V.
Kendrion N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
Registration date24 may 2023 - 16:05
Statutory nameKendrion N.V.
TitleKendrion opens new manufacturing facility in Suzhou, strengthening its position in China
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202305240000000011_230524 Kendrion N.V. Press Release - Kendrion opens new manufacturing facility in Suzhou, strengthening its position in China.pdf(opens in a new window)
Kendrion NV published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2023 09:14:09 UTC.
Kendrion N.V. specializes in the design, manufacturing and marketing of intelligent actuators that help advance the global push towards automation, electrification and cleaner forms of energy in a wide range of industrial and automotive applications. These actuators can be found in wind power turbines, robots, warehouse automation, electric vehicles, energy distribution and industrial heating processes. Net sales break down by business segment as follows:
- Automotive (50.5%): electromagnetic systems and components for passenger cars and commercial vehicles;
- Industrial (49.5%): industrial actuators and controls (solutions based on electromagnetic actuators, control technology and fluid technology) and industrial brakes (electromagnetic brakes for electromotors).
Net sales are distributed geographically as follows: Netherlands (2.9%), Germany (59.7%), Europe (18.7%), Americas (10%) and Asia (8.7%).
KENDRION N.V. 
