On Oct. 29, the 2,400,000 lightweight wheel hubs project of Dicastal (Wuxi) Wheel Hub Manufacturing Co., Ltd. was launched in Huishan industry zone, Wuxi. It’s reported that it took only 10 months for the new facility to be put into production, which is a new record of Dicastal Speed.
The total investment for this project totals 2.2 billion RMB and it wholly uses KSM’s technology which is automatic and intelligent. It is the first smart manufacturing facility of wheels in China. 2.5 billion RMB sales volume is expected to be increased each year.
It’s the first phase of the whole project as investment has reached 600 million RMB. The annual capacity of 40,000 tons of lightweight automobile precision components will be launched in the second phase. The investment will be 1.6 billion RMB.
Founded in December 2002, Dicastal (Wuxi) Wheel Hub Manufacturing Co., Ltd. mainly provides semifinished wheel hubs and precision products for automobiles.