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20.07.2015 AViTEQ sets up joint venture for Asian market

AViTEQ Vibrationstechnik, Hattersheim, Germany, has released details of its new joint venture established earlier this year with Chinese company Shanghai Finde M&E Tech Co. Ltd. The site of AViTEQ Industrial Technology Co. Ltd covers a production area of some 2000m² with a further 450m² of office space. Here innovative vibrating and processing systems are manufactured exclusively for the Asian market.
 
Finde is mainly engaged in the drives and control technology business in China and has been supplied with AViTEQ magnetic vibrators for the past10 years or so. “Thanks to the cooperation with our local partners, we are able to offer our reliable systems in China and neighbouring countries at marketable prices while maintaining highest quality standards. In the medium term, we are expecting the new company to gain a comparable successful market position with similar size as the German parent company”, said Wolfgang Finger, CEO of AViTEQ Germany, during the opening ceremony. Apart from the German management, guests from local government were invited to attend the festivities together with customers, suppliers, friends and the team of 15 from AViTEQ China. www.aviteq.de 
 
 
AViTEQ CEO Wolfgang Finger pictured second from the right during the opening ceremony; the new joint venture produces vibrating systems like the trough conveyor (below) for the Chinese market

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