Hendrickson enters strategic agreement with China’s Sinotruk

user-gravatar

Hendrickson announced that it recently entered a strategic cooperation agreement with Sinotruk (Hong Kong) Ltd., an affiliate of China National Heavy Duty Truck Co. (CNHTC), China’s largest manufacturer of heavy-duty trucks. Under this agreement, Hendrickson will design, develop and manufacture suspension systems for use in heavy-duty trucks manufactured by CNHTC or its affiliates.

Hendrickson established a production facility in Jinan, Shandong Province, China. The plant initially will manufacture and supply suspension systems necessary to support CNHTC. Operations began in the second quarter of 2010, with full production capability targeted for the fourth quarter 2010.

“Hendrickson is pleased to enter into this relationship,” says Gary Gerstenslager, Hendrickson chief executive officer. “The technical and commercial groups have been working on various projects over the last three and a half years. Together we can bring customized suspension solutions to Sinotruk’s Chinese customers.”

In 2009, Sinotruk shipped more than 125,000 trucks. The main production sites of the company are located in Jinan, the capital of the province of Shandong.