Laiwu Global Auto Parts Co., Ltd. (Laiwu AGC) is a wholly foreign-owned enterprise invested by American Global Auto Parts Group in Laiwu High-tech Industrial Development Zone in 2003. The company covers an area of 120,000 square meters and has a registered capital of 6 million US dollars. The total investment of the project will be Up to 10 million US dollars. In North America, Europe, Australia, China and other countries, Universal has a number of research, development and production companies directly engaged in automotive parts and components. Its engineering, quality control, logistics management and after-sales service personnel have reached more than 700 people. At present, Laiwu Global's main business is the development and trial production of auto parts products, and it provides the main equipment for the three major automobile companies in batches. It has a wide range of automobile engine crankshafts, camshafts, connecting rods, flywheels and front and rear suspension stabilizer bars and gearboxes. Main engine market for various auto parts such as shafts and brake systems.
In 2012, the V6 engine assembly and generator project also settled in Laiwu Global. The project is wholly-owned by the United States Global Auto Parts Group. The total planned investment is 2 billion yuan. The planned total construction area is 250,000 square meters. It mainly produces V6 automobile engines and high-end products. Commercial vehicles, as well as various types of new energy generator sets, after the project is completed and put into production, it can produce 200,000 V6 engines, 50,000 high-end passenger cars and 1000 generator sets, achieving annual sales income of 30 billion yuan, profit and tax 45. 100 million yuan.
Laiwu Global's product specifications and quality levels are consistently adhered to the principles of world-class automotive manufacturing. In 2005-2010, Laiwu Global will gradually complete 2 million camshaft blanks, 750,000 camshaft finishing, 5 million stabilizer bars, 1 million flywheels, 200,000 engine crankshafts and 800,000 pieces. The control arm production line, steering rod and other machining production lines. At present, the advanced equipment imported from abroad are: MV-45, MV-50, MV-60 machining center of Taiwan WINTEC (bridge) company, 3 DZ12W vertical machining centers of Germany CHIRON company, VTC- of KINGSBURY company of USA 3 sets of CNC vertical boring and milling machines, 2 sets of grinding machines from Japan MICRON, 2 sets of GC 450A CNC crankshaft grinders from Japan TOYODA, 1 set of American RF roller presses, and CMMs of Brown & Sharpe, USA There are 2 production lines for cylinder heads, 2 assembly lines for V6 engines, and 2 production lines for diesel generator sets.
We believe that through the unremitting efforts of all AGC employees, with the rapid development of the company, Laiwu Global will gradually form a world-class auto parts manufacturing enterprise integrating product design, development, production and sales.
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