Nexteer's New Changshu Campus: A Game Changer in Advanced Steering Production

Nexteer Automotive, a global leader in motion control technology, has made a significant stride in expanding its production capabilities with the grand opening of its new Changshu Campus. This strategic move is set to enhance the company's competitive edge in the advanced steering systems market, both in China and globally. The new campus, covering over 90,000 square meters, includes functional areas such as production and manufacturing workshops, testing labs, test tracks, and employee collaboration areas. It is expected to open in early 2025 and will supplement steering system production from the company's nearby Suzhou Campus.

The Changshu Campus is not just an expansion of production capacity; it is a multifunctional campus that integrates testing, production, and other functions. This integration brings several advantages to Nexteer:

1. Enhanced Testing and Verification Capabilities: The new campus includes testing labs and test tracks, enabling Nexteer to expand its testing and verification capabilities. This allows the company to ensure the quality and reliability of its products, meeting the growing needs of its customers and the market.
2. Improved Production Efficiency: By integrating production and testing facilities, Nexteer can streamline its operations, reduce lead times, and improve overall efficiency. This integration allows for better coordination between different stages of production and testing, enabling the company to respond more quickly to customer demands and market trends.
3. Talent Management and Supply Chain Management: The new campus is planned to integrate other functions such as talent management and supply chain management. This integration will help Nexteer attract and retain top talent, as well as optimize its supply chain, further enhancing its competitive advantage.
4. Innovation and Customer Service: The new campus will collaborate with Nexteer's APAC Technical Center within the Suzhou Campus to support innovation and customer service in China and throughout the APAC region and global markets. This integration will enable Nexteer to develop and deliver cutting-edge solutions tailored to the needs of its customers, maintaining its competitive edge in the market.
5. Strategic Expansion: The new campus is a critical piece in Nexteer's overall strategy for profitable growth that 'thinks global and acts local'. This expansion will help Nexteer further capitalize on its growth with global and domestic automotive OEMs in China and throughout the APAC region and emerging markets.

Nexteer's expansion in Changshu is a testament to the company's commitment to exceptional service for its automotive OEM customers. The new campus will enable Nexteer to meet growing customer needs and support the company's growing business in China. With this strategic move, Nexteer is well-positioned to maintain its competitive edge in the global motion control technology market.