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New Factory for HYTSU

Monday, October 19, 2009

HYTSU group has opened its third factory, with the launch of Shanghai T&U Forklifts Co, ltd, a facility for the manufacture of 1-10 ton internal combustion forklifts and 1-3.5 ton AC-powered forklifts, electric stackers and electric pallet trucks. The factory, with a production capacity of over 5,000 units annually, was officially opened at Eur. Industry Park, Fengxian, Shanghai, on 30th September 2009.

The new capacity will add to the group’s annual production of 10,000 units.

The new company, the result of a CNY 30 million investment, consists of buildings covering 10,000 sqm on 20,000sqm of land. It includes a forklift assembly line, automatic vehicle testing systems, a product testing centre, an R&D testing centre and a modern logistics distribution centre.

At the opening ceremony, Mr Hu Xiaosheng, President of HYTSU group, spoke about the company’s development strategy. He also thanked and praised the hard-working staff whose diligence led to the milestone opening. /

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