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November 2002 - Component Seals

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£500,000 (E/$800,000) Expansion<br />

of AESSEAL China Ltd.<br />

Above: Chris Rea - Group<br />

Managing Director (Centre), Wu<br />

Guoping (Right) and Sun<br />

Mingping (left) in the reception<br />

of the new premises.<br />

Chris Rea signs a plaque to mark<br />

the opening of the new building<br />

On the 9th of October <strong>2002</strong>, Group<br />

Managing Director, Chris Rea O.B.E.<br />

was pleased to attend a ‘ribbon<br />

cutting ceremony’ to mark the<br />

opening of new premises for<br />

AESSEAL China Ltd.<br />

The new state of the art facilities will be the<br />

base for aggressive expansion into the Chinese<br />

mechanical seal market.<br />

The 4000 square metre building will house 45<br />

employees who will work in all aspects of the<br />

business from manufacturing and assembly to<br />

administration and sales.<br />

During Chris Rea’s opening speech he<br />

addressed a large gathering of around 200<br />

Chinese dignitaries, employees and customers.<br />

Chris commented on the “Energy, enthusiasm<br />

and commitment” of the Chinese team and<br />

stated that AESSEAL China would play a very<br />

important role in the future growth of the group<br />

as a whole.<br />

Chris continued “Our joint ventures in China are<br />

little more than 12 months old. In that short time<br />

we have seen major developments and<br />

investment. Our vision for China is to pursue<br />

excellence and to build the biggest and best<br />

mechanical seal company in China.”<br />

The site is now fully equipped for the<br />

manufacture of Tungsten Carbide, a highly<br />

technical process which is used in the faces of<br />

mechanical seals.<br />

The new building is located on the Hi-tech<br />

Industrial Park, Yinzhou Central, Nigbo in China.<br />

It is a new area developed by the Government..<br />

Building started here in October 2001 and<br />

construction was completely finished by the<br />

end of August <strong>2002</strong>. Arrangements were made<br />

to move in on the first of September this year<br />

before the opening ceremony on the 9th of<br />

October.<br />

Above: New AESSEAL China Ltd. Office Development

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