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It is reported that Gatco (Guangzhou) Automatic Transmission Co., Ltd. will hold the fourth phase of the Guangzhou plant to be completed. The construction of the fourth phase of the project is mainly to meet the sharp increase in demand for CVT in the Chinese market. The capacity for the enterprise is from 380,000 units/ The year (April 2011) increased to 730,000 units/year (in the spring of 2012) providing strong protection.
According to reports, Gatco (Guangzhou) Automatic Transmission Co., Ltd. is 100% wholly-owned by Japan's well-known company JATCO Co., Ltd., and was established in April 2007 in a wholly foreign-owned enterprise in Guangzhou Science and Technology Development Zone, Science City, with a total investment of 180 million U.S. dollars. Registered capital of 75 million US dollars. Since it was put into production in 2009, it is currently producing FF-type CVTs and JAT-CO CVT7s for medium-sized vehicles (FF-type CVTs with sub-transmission mechanisms for light/small vehicles).
With the expansion of the assembly capacity, the company also joined the enhanced mechanical processing project and added a heat treatment project in an effort to maximize the production of the existing site. In order to quickly respond to market quality issues, vehicle matching development and localization of parts and components, a quality technology center was established in April this year. Its dedicated China Quality and Technology Center office building was also completed and delivered for use in the fourth phase of the plant.
It is reported that the Gatko (Guangzhou) Automatic Transmission Co., Ltd.'s expansion investment will be approximately 20 billion yen (approximately 1.6 billion yuan). After the expansion, the number of employees will increase to 400 in April 2011. people.