France-based Nexans, a global player in the cable and optical fibre industry, has established a new production facility in Tianjin, China. It features 3,000m2 of production and storage space and will manufacture a wide range of wind cable products and solutions. The facility will increase Nexans’ production capacity in China and help strengthen the country’s clean energy supply chain during a time of unprecedented market growth.
The opening follows the launch of a similar facility in Poland in late 2020. Nexans now has a total production capacity of one million harnesses per year and employs more than 150 wind power staff. It also operates over 15,000m2 of global production and storage facilities.
In a press release, executive vice-president of industry solutions and projects Julien Hueber said: “It is an exciting time for wind power in China. The country’s wind sector is currently the same size as the rest of the world combined – and it continues to grow as the country commits to reducing its carbon dioxide emissions. Furthermore, the falling cost of wind power, efficiency increases and attractive policies are expected to boost growth even further.”
Naomi Davies is an FDI consultant at Investment Monitor, with expertise in location benchmarking and cross-border investment.