UFI Filters Group: Agreement for New Plant Investment in Jiaxing

04 Gennaio 2022

On December 31st 2021UFI Filters Group signed a new agreement with the Jiaxing Xiuzhou High-Technology Industrial Park Administrative Committee, in Zhejiang Province. The Group, among the Members of the China-Italy Chamber of Commerce (CICC), is a global leader in filtration and the production of heat exchangers for combustion, hybrid and electric vehicles.

The event took place online via video conference in compliance with the recent measures of pandemic control at the presence of the Xiuzhou district leaders and authorities, Mr Liu Dewei, Deputy Party Secretary of Xiuzhou District, and Mr Li Chenyuan, Standing Member of Xiuzhou District Committee of CPC, along with Mr Rocco Carlo Genchi, the Italian Acting Consul General in Shanghai, and Mr Paolo Bazzoni, Chairman of the China-Italy Chamber of Commerce, and with the participation of Mr Rinaldo Facchini, CEO of the UFI Filters Group, and Mr Simone Trazzi, APAC COO of the UFI Filters Group.

The investment valued around 25 Million Euros is a plot of land to be developed jointly by the UFI Filters Group and Jiaxing Xiuzhou High-Technology Industrial Park Administrative Committee for a new plant that will produce Advanced Filtration Systems and Thermal Management Products for Green Technology developed specifically for the New energy Vehicles Sector.

 

 

 

 

About UFI Filters

Founded in 1971, UFI Filters is a global leader in filtration technology and thermal management. It serves a wide range of sectors – from automotive, aerospace and marine to specialised industrial and customised hydraulic applications. Renowned for its innovation, UFI's products and know-how are to be found in all kinds of vehicles – from Ferrari and other top F1 teams, to the European ExoMars spacecraft.

UFI supplies the full range of air, oil, fuel, cabin, hydraulic and coolant filters as well as thermal management systems to the automotive sector, meeting the needs of nearly all car brands and motorcycles as well as commercial, heavy duty and agricultural vehicles. In the OE market, UFI is a leading filtration provider. Each family of filters within the company’s two aftermarket brands, UFI and SOFIMA, covers 98% of the European car parc.

One of the first Italian companies to identify growth opportunities in the Far East, today UFI has 19 industrial sites and employs over 4,000 people in 21 countries. It employs 168 specialised technicians in its Innovation and Research Centres and holds 268 patents. UFI has doubled its turnover in the last ten years. As a research-driven company, it reinvests over 5% of its revenues in R&D.

 

In addition to being a Member of the CICC, UFI Filters is also part of our Mechanical Engineering Working Group, the Group that represents the interest of all Italian companies in China working directly or indirectly in the sector on a national base.

 

Learn more about MEWG

MEWG Objectives

▪ Coordinate and promote all Italian members’ needs which are active in many different industries of the Chinese mechanical engineering sector (machinery, automotive, component manufacturers, mechanical engineering …);

▪ Promote and raise awareness on the size and the importance of the Italian technology in the sector to all institutions in China and Italy that are our natural counterparts, in order to develop business opportunities;

▪ Coordinate and promote activities and events that boost the visibility and the image of “Technology Made in Italy”;

▪ Inform all members on the topic Made in China 2025, particularly with regard to risks and opportunities for Italian businesses;

▪ Become a reference for all mechanical engineering companies within the China-Italy Chamber of Commerce (CICC), lobbying private and public institutions active in the Chinese market.

 

The MEWG is working on the development of a WeChat Mini Program dedicated to the companies that are part of the group. If you want to know more please send an email to infoshanghai@cameraitacina.com.

 

The CICC Team

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