German supplier Hella GmbH & Co. KGaA completed the expansion of a vehicle electronics factory in Shanghai this week to meet rising demand for key auto components.
With the new building added to an existing manufacturing site, the plant now covers a ground area of around 50,000 square meters (538,196 square feet), becoming Hella’s largest electronics factory globally.
Annual production capacity at the Shanghai plant has been more than doubled from the current level of more than 40 million electronic components, Hella said.
The number of employees at the factory will also increase by 600 to reach 2,200 over the next three years, the company said.
Hella operates four vehicle electronics and eight automotive lighting factories in China.
In the latest fiscal year ended May 31, Hella’s China operations generated sales of some 890 million euros ($1.04 billion), accounting for nearly 14 percent of global revenue.
Hella ranks No. 41 on the Automotive News list of the top 100 global suppliers with worldwide sales to automakers of $5.5 billion in its 2020 fiscal year.