They inaugurate the plants of Fagor Ederlan and Cikautxo in Kunshan (China)

The Spanish minister of industry José Manuel Soria inaugurated around the middle of September the new installations of the cooperatives Fagor Ederlan and Cikautxo in the business park of Mondragon in Kunshan, next to Shanghái (China). In the inaugural act participated, in addition to the minister of industry, the Adviser of Industry, Tourism and Trade of the Basque Government, Bernabé Unda; the general secretary of the Communist Party of Kunshan. Lu Jun; And the president of the General Council of the Corporation Mondragon, Txema Gisasola.

The conjoint investment realised by the cooperatives for the set up of both projects situates around the 40 million euros, quantity that represents one of the greater investments in the industrial area realised by a Spanish company in his implantation in China. The project of Fagor Ederlan is devoted to the production of components of chassis for the industry of automotive sector in China and has required an upper investment to the 30 million euros, whereas Cikautxo, that will manufacture pieces and groups in material polymers, rises to something more than 7 million euros.

In his inaugural speech, the minister Soria stood out the industrial potential of the Corporation Mondragon, a group that to base of innovation and of global strategy has attained to turn into a referent of the Spanish industry in China.

By his part Txema Gisasola incidió in the importance of the strategy of internationalisation of the Corporation and aimed that “the multilocalización is the ideal strategy to defend better the places of work of calm them matrices”. Likewise, Gisasola commented that Chinese will be a key country in the development of Corporation Mondragon “since in the next five years have foreseen to increase notably ours actividaden this zone, so much in shopping (happening of 10% to 25%) as in sales (of 12% to 25%)”.