Gestamp, the globally well-known Spanish auto parts manufacturer, completed the construction of its factory in Caijia Group, Liangjiang New Area, Chongqing on June 30, 2012. This factory will produce auto parts including automobile chassis and provide supporting services for auto companies such as CFMA and FAW-Volkswagen after its operation in August.
The factory, with an investment of 161 million yuan, will supply auto parts to Chongqing-made models of Chang’an Ford Mazda and realize an annual output value of over 100 million yuan.
This automatic factory is estimated to have 400 workers by 2015. In addition to Chongqing, it will serve areas adjacent to Chongqing and supply auto parts to Volkswagen and Volvo in Chengdu.