UPPLANDS VASBY, Sweden, April 5, 2004 (PRIMEZONE) -- The KMT Group, continues its success on the Chinese market with a large new order to the subsidiary Lidkoping Machine Tools AB.
The customer Wanxiang Group Corporation is one of the top 500 companies in China and is a QS 9000 Certified Manufacturer (working on TS 16949). In the Automotive Parts Industry, Wanxiang is a reliable supplier of Universal Joints, Bearings, and CV Joints to customers in over 40 countries around the world. Wanxiang America Corporation provides full- line customer service to the United States, Canada, Latin and South America and all of Europe.
The order consists of complete systems for bearing grinding including handling and measuring equipment. For Lidkoping, this is the second order from Wanxiang for similar equipment. The delivery will take place in 2004. "We are pleased to receive the second order of this magnitude from an expanding world class company like Wanxiang.", says Johan Westberg President at Lidkoping.
For further information, please get in touch with:
Lars Bergstrom, President and CEO, Karolin Machine Tool AB Tel: +46 8-594 211 50 or e-mail: lars.bergstrom@kmt.se
Johan Westberg, President, Lidkoping Machine Tools AB Tel: +46 510 880 00 / +46 70 558 82 98 e-mail: johan.westberg@lidkoping.com
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