On May 1, 2020, China's leading automotive precision stamping parts manufacturer WXWT Precision Machinery Technology Group and MEANS INDUSTRIES INC., A subsidiary of Amsted Industries, established a joint venture in China
MEANS, as a subsidiary of Amsted Industries Group, is mainly engaged in the transmission system components such as automobile clutches and automobile gearboxes, and uses advanced manufacturing processes (roller molding, spinning, Grob molding, combined molding technology and other molding technology processes) , Provide the core components of the transmission system to GM, Ford, Fiat Chrysler, Honda, Aisin, ZF and other vehicle manufacturers and transmission system suppliers.
The company entered the automotive transmission system and other parts business through this joint venture, introduced advanced foreign molding technology, and benefited from the localization of the transmission system components in the Chinese automotive market and the release of localized production capacity of major transmission system manufacturers .
WXWT Precision Machinery Technology Group
Founded in 2008, WXWT is a high-tech enterprise engaged in the design, development, manufacture and sale of automotive precision parts and precision stamping dies. It mainly provides automotive precision stamping parts and precision for automobile OEMs and parts manufacturers worldwide Customized services in the field of stamping dies.