04-11-2015 | Press releases | Corporate & Ad-hoc news

paragon opens first plant in China

paragon AG opened its new plant in Kunshan (China) on November 4, 2015. Having been represented in China with a sales office just a few kilometers away in Shanghai since 2012 already, this is now paragon’s first production site in this major country. paragon already acquired its first customers and orders from the domestic automotive industry in advance. Following the plant opening in Texas (USA), this marks the second groundbreaking step in paragon’s internationalization strategy this year.


 

  • Opening ceremony with many politicians, local business leaders, and customers as guests

  • Launch of production at German Industrial Park in Kunshan

  • Air Quality Sensor AQS first product to roll off assembly line

  • From 2016 battery systems also to be assembled for the Chinese market

  • Synergy effects from proprietary lithium ion battery cells expected in future

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