Taicang High-tech Zone has secured a significant boost with the signing of a project by GESMEX, a German hidden champion in heat exchange equipment, on March 30.

Founded in 2007 and headquartered in Schwerin, Germany, GESMEX specializes in the research and development, production, and sales of laser-welded plate-shell and thermal plate compact heat exchangers. Its products serve high-end process industries like chemicals, oil & gas, and renewable energy, with clients including BASF, Wacker, and Evonik.

This marks GESMEX's first production base in China and Taicang's inaugural project from Germany's Mecklenburg-Vorpommern State. The company praised Taicang's industrial cluster effect and favorable business environment, likening it to a "home away from home" for Germans.

German hidden champion GESMEX signs an agreement to settle its heat exchange project in Taicang on March 30. [Photo/WeChat account: tcfbgw]

With over 560 German firms, including more than 60 hidden champions, Taicang solidifies its reputation as the "Hometown of German Enterprises" in China. GESMEX's arrival further elevates the city's industrial prowess, driving it towards the higher end of global value chains.