BAUMANN Expands Global Footprint with New Production Site in Changshu, China

BAUMANN Expands Global Footprint with New Production Site in Changshu, China

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15.03.2024.

Ermenswil, 15th March 2024 – BAUMANN Springs Ltd., a global leader in the manufacturing of springs, stamps, and stamped-bent parts, proudly announces the signing of a contract for a new production site in Changshu, China. The signing ceremony, which took place on 18th January 2024, marks a significant milestone in BAUMANN's strategic expansion efforts.

The entire BAUMANN team is proud to have reached this important milestone, which serves as an integral cornerstone for the realization of our strategy in China. A special thanks goes to the project team, which has worked intensively on the project over the past two years. An onsite ceremony is planned for 8th April to commemorate this momentous occasion. The decision to establish a new production site in Changshu underscores BAUMANN's unwavering commitment to our leadership team and employees in China. By expanding our presence in China, we aim to better serve our customers in the region while further strengthening our position as a global leader in our industry.

 "We are excited to announce the signing of the contract for our new production site in Changshu," said Thomas H. Rüegg, Group CEO and Chairman of the Board at BAUMANN. "This investment demonstrates our confidence in the Chinese market and our commitment to meeting the evolving needs of our customers. We look forward to the opportunities that this expansion will bring and to further contributing to the local economy." 

The new production site in Changshu will not only enhance our manufacturing capabilities but also create new opportunities for employment and economic growth in the region. As we continue to expand our global footprint, BAUMANN remains dedicated to upholding the highest standards of quality, innovation, and sustainability in all aspects of our operations. 

For more information about BAUMANN and our expansion into Changshu, please visit www.baumann-group.com.

Contact:
Dr. Matthias Ch. Würsten
Head of Strategy & Communications
BAUMANN Springs Ltd.
Email: matthias.wuersten@baumann-group.com

About BAUMANN:
BAUMANN is a global leader in the manufacturing of springs, stamps, and stamped-bent parts, serving the automotive, industrial, and medical sectors. With a commitment to excellence and innovation, BAUMANN continues to deliver high-quality products and solutions to customers worldwide.

About the New Production Site in Changshu:
The signing of the contract for the new production site in Changshu, China, represents a significant milestone in BAUMANN's strategic expansion efforts. This investment reaffirms BAUMANN's commitment to the Chinese market and our dedication to meeting the evolving needs of our customers in the region.

Acknowledgments:
This press release was partially created with the assistance of ChatGPT, an AI language model developed by OpenAI. ChatGPT provided support in drafting and refining the content to ensure clarity and accuracy.