The strength of Wuxi, Jiangsu province as a manufacturing hub was reaffirmed on Jan 4, when locally-based precision tools manufacturer Micro Research signed a strategic alliance agreement with Italian heat exchange machine producer CMS.
The high-end equipment manufacturing industry is the economic engine of the Wuxi city in Jiangsu province. [Photo provided to China Daily] |
Being an industrial leader in die design and building, Micro Research hopes to combine its precise manufacturing techniques with CMS's superior technology in coil production equipment.
The companies believe their complementary strengths will allow them to offer complete and more value-added coil production solutions to clients in the global heating, ventilation and air conditioning (HVAC) market.
"Our strategic vision is to create a unified group which focuses on delivering complete Production Process Solutions to our customers and to become a market leader through innovation and customer service," said Loris Sartori, CEO of CMS.
"This alliance between CMS and Micro Research creates a strong pact to offer our customers values beyond what any existing competitors can offer. It is very exciting for everyone from both companies to look forward to the collaboration and future success." said Cai Leiming, president and CEO of Micro Research.