TEDA Administrative Commission and Fiberline Composites inked an agreement at the TEDA Investment Service Center today over the establishment of a new factory in the region.
Established in 1979 and headquartered in Middelfart, Denmark, Fiberline Composites now runs three business units for wind turbine components, structural profiles, and window and façade profiles respectively. The BU of wind turbine components plans for a new factory at the TEDA Modern Industrial Park to better respond to the increasing demand from big clients such as Vestas and LM. With a total investment of 10 million US dollars, the new facility will become operational by December, 2016. (Tr. By Zhang Shanshan)