January 17, 2005
Wartsila to produce thrusters in China
Wartsila is setting up a wholly owned, state-of-the-art factory to produce LIPS transverse thrusters in Wuxi, China.
Production at Wartsila Propulsion (Wuxi) Ltd. will start in mid 2005. Wuxi is located approximately 100 km west of Shanghai.
The company will serve the global shipbuilding market.
"As the focus of the world's shipbuilding industry shifts heavily to Asia, Wartsila has the opportunity to increase its market share in transverse thrusters", says Mikael Makinen, Wartsila's Group Vice President, Ship Power.