ZF expects revenue from Asia to grow

The German supplier ZF Friedrichshafen AG will increase the supply flow between companies in its Asian region to consolidate its position in the automotive industry in the region.

By June 2010, the new Asian headquarters and an engineering technology research center will be opened in Shanghai. ZF spokesperson Andreas Veil said in an e-mail to the "American Automotive News China": "We plan to open the headquarters in June 2010." The first phase of the project has a total construction area of â€‹â€‹11,000 square meters, which includes More than 300 employees' facilities.

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