Many suppliers are seeking to expand their footprint within key markets in order to better meet the requirements of their OEM customers.
Shiloh Industries, a global supplier of lightweighting, noise and vibration solutions, has announced plans to open a new aluminium casting plant in Nantong, China. This new plant will be operated through a joint venture (JV) with Suzhou Sanji Foundry Equipment Co, where Shiloh will stand as the majority shareholder with 55% equity. The aim of this JV is to manufacture Shiloh’s CastLight products through high-pressure die-casting and proprietary squeeze casting.
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