Pfaudler's Big Step Forward for the New Factory in Li Yang, China.
On March 21, 2019, the foundation stone-laying ceremony was held for the Pfaudler Group’s new Li Yang, China plant, to be used for glass-lined equipment manufacturing.
The Pfaudler Group has strategically invested in the Jiangsu Li Yang Economic Development Zone, constructing a new glass-lined and process equipment plant, for a total of 50 million dollars.
Pfaudler Group CEO, Thomas Kehl and COO, Mark Goldsmith, the city's leaders Jiang Feng, Shi Wei, Wang Yaoqing, Tang Huaxin, and the relevant leaders of the Li Yang Economic Development Zone, attended the groundbreaking ceremony.
Pfaudler Group is currently the world's largest and most advanced manufacturer of glass-lined equipment.
Pfaudler has over 100 years of history with several manufacturing facilities on four continents. In addition to China, the product plants are located in the United States, Mexico, Brazil, Scotland, Germany and Italy. All facilities are wholly owned by the Pfaudler Group.
In addition to the core business of glass-lined equipment, the Pfaudler Group is present in the market with several branded product lines covering a broad portfolio that includes fluoropolymers, sealing technologies, filters and dryers, engineered column systems, lab & process glass.
The largest shareholder of the Pfaudler Group is DBAG (Deutsche Beteiligungs AG), which was established in 1993 and is the world's leading provider of securities services; and is currently the largest securities, futures and options exchange in Europe.
The investment project for the manufacturing of high-end equipment in the Li Yang Economic Development Zone, plans to use 43,000 square meters of land for the construction of a 20,000 square metre factory and a 3,000 square metre office building. When the project is up and running, it is estimated that annual sales will reach approximately 400 million yuan.