JEBSEN NEWS

Press release

Industrial

Jebsen’s manufacturing joint venture registers 1,000,000th car balancer

2012/05/15
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Having enjoyed 50 per cent growth for production in 2011, Mitec-Jebsen will increase focus on China this year as demand skyrockets.
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Jebsen Group (Jebsen), a leading marketing and distribution organisation for premium products with a unique presence in the Greater China region, together with German partner Mitec Automotive Systems, today announced that joint venture Mitec-Jebsen produced over 600,000 engine balancer shafts in 2011. This brought total production to over a millionth units since the creation of the joint venture, and marked a dramatic 50 per cent increase over the previous year, indicating strong and fast growing demand for quality auto components.

"We are delighted to have achieved such impressive growth in 2011,” said Mr Arnie Jensen, general manager of Jebsen Industrial’s Automotive Technik Division, who joined in Oct 2011. “Growing demand for our engine balancer shafts reflects how more and more consumers are looking for comfortable and fuel efficient cars built from the highest quality auto parts.”

In 2011, China accounted for 24 per cent of global automobile sales. To date, Mitec-Jebsen has been solely supporting global car manufacturers in their localisation efforts, but in response to local auto makers quickly closing the technology gap, the company now has several projects underway to begin supplying China’s domestic car manufacturers as well. 

"In tandem with expanding our customer base, we plan a 50 per cent increase in our production capacity to more than 900,000 balancer sets this year,” said Mr Lorenz Zimmermann, Director of Jebsen Industrial. “This will in turn mean employing more staff, with our workforce rising from 200 to more than 250 in 2012.”

In addition to Mitec-Jebsen, Jebsen has teamed up with Austrian partner TCG Unitech on another joint venture in Dalian – Jebsen-TCG. This joint venture began manufacturing high-performance state-of-the-art oil pumps in 2011, and demand has also been growing steadily since.

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