Jun. 27, 2012 (China Knowledge) - BITZER Refrigeration Technology (China) Co Ltd, a wholly-owned subsidiaries of German based BITZER Group, one of world's leading manufacturers of refrigeration compressors, recently launched a ground breaking ceremony for the expansion of its plant in Beijing E-Town
on Jun 15.
With a total investment of RMB 200 million, the project will be complete in 2013, and by 2021, it will produce 150,000 units of semi-hermetic piston and 30,000 units of scroll compressor annually, almost triple its current capacity.
Peter Schaufler, CEO of BITZER Group, said that BITZER is confident of the Chinese market and has placed high expectation of the market.
In 2006, BITZER Group set up its fully-owned subsidiary, BITZER Refrigeration Technology (China) Co Ltd, in Beijing E-Town
, a triple-A rated industrial park
, and becomes one of the top 50 enterprises in industrial park
by tax contribution in the last consecutive three years. After the completion, the company's plant will enlarge from the current 20,000 to 38,000 sq m.