Stoneridge will move its current facility in Suzhou, China to a new, larger facility, located about 18 kilometers east. The move is expected to begin in October and end the following September, the Michigan-based manufacturer of electrical and electronic components said.
"The new facility will allow us to expand production with an enhanced layout and plant infrastructure, helping to achieve significant improvements in our manufacturing capabilities and processes," Stoneridge CEO Jon DeGaynor said. "Our employees and customers will benefit from a world class facility that enables greater collaboration and communication. With greater access to top talent in the Suzhou area, this will allow us to build on and further develop our existing engineering and technical capabilities.”