WCA January 2016

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22 Wire & Cable ASIA – January/February 2016
news Industry
Leoni AG has agreed a joint venture
with China’s Beijing Hainachuan
Automotive Parts Co Ltd (BHAP), a
subsidiary of state-owned Beijing
Automotive Industry Corporation
(BAIC).
The Chinese State-owned Assets
Supervision and Administration
Commission approved the joint venture,
which provides that Leoni will sell 50
per cent of the shares in its wiring
systems plant in Langfang to BHAP.
This plant has to-date exclusively been
making cable harnesses for the car
ranges of Beijing Benz Automotive Co
Ltd (BBAC), a joint venture between
Daimler AG and its Chinese partner
BAIC.
Its equal joint venture in China will give
Leoni the opportunity to gain new
orders from BBAC and other
carmakers.
The joint venture will be a key element
for Leoni with respect to expanding its
business in Asia disproportionately
strongly in line with its strategy of
profitable growth.
All of Leoni’s other activities in China
are unaffected; they will continue to
exist outside the new joint venture and
will be developed further.
Leoni AG – Germany
Website:
AIM Inc, a supplier of CNC wire
bending machinery, and Overton
Industries, which produces press
systems and tube forming, have
announced a strategic partnership,
specifically geared towards cell
automation by allowing customers
total turn-key integration.
“AIM will continue to remain focused
on its core competency and Overton
will do the same,” said Gus Goudis,
sales manager at AIM Inc.
“This partnership combines the
knowledge-base of two market leaders
for the sole purpose of cell automation
without change to their regular
business activities.”
For close to a decade, AIM has worked
with Overton personnel, resulting in
Overton’s design and development of
systems dedicated to work with AIM
machinery.
These systems include presses that
can be integrated in-line or externally
with AIM machines, along with
high-speed upset units.
Overton specialises in press systems
and tube forming; their technical staff
improves, supports and manufactures
tooling and equipment with quick
turnaround.
AIM Inc – USA
Website:
Overton Industries – USA
Website:
AIM and Overton Industries announce partnership
❍ Strategic partnership between AIM and Overton Industries
Bilbao-bound
ASK Chemicals is to consolidate its
existing Spanish plants into a single
industrial complex covering 10,000m 2
in the Port of Bilbao, which will
become a flagship facility for the ASK
Chemicals Group.
ASK Chemicals GmbH – Germany
Website:
Leoni strengthens China position with joint
venture in China
CANDOR Sweden AB
Tel: +46 11 21 75 00 Fax: +46 11 12 63 12
Email:
Single wire plating plant
• Electrolytic plating
• Candojet hot water cleaning
• Electrolytic & Ultrasonic degreasing
• Welding wire cleaning and copper coating
• Pickling & phosphating
Ultrasonic
& Electrolytic
Multi wire cleaning plant