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Magnet Schultz of China (MSC)
On the 3rd of September 2013, Magnet-‐Schultz of Memmingen, Germany (MSM) obtained a business license for our new Chinese subsidiary.
The name of this new group member is “Magnet-‐Schultz (Suzhou) Co., Ltd.“, acronym, MSC. In
Mandarin characters this would read, 舒尔兹 电磁铁 (苏州) 有限公司 (which describes our
family name, in vocal language, as well as our products and location).
Pic 1: Business license
The 2000 m2 MSC manufacturing facility (pictured below), which will be leased starting the 1st of January 2014, is located in the greater Suzhou area, approx. 1.5 h southwest of Shanghai.
Beginning in the 2nd of half of 2014, MSC will begin to manufacture, assemble and test various sizes and designs of hydraulic solenoids. These products will be intended for use in stationary and mobile
hydraulic applications within China. Additional products and applications are sure to follow, in response to market demand.
During the ramp-‐up phase, the new MSC production facility will be supported and supervised by specialists from Magnet-‐Schultz in Memmingen, Germany. The General Manager of the new MSC
plant will be Mr. Michael Niebling, who joined MSM in January 2013. Michael has worked in China for the past 8 eight years, most recently as plant manager for a German automotive supplier.
The quality imperative and expectations which apply to MSM Germany products for challenging
applications will also apply to the products which are produced by the Magnet-‐Schultz (Suzhou) Co., Ltd. facility.
Mintai Hydraulics, Magnet-‐Schultz’s Chinese sales representative, will be responsible for bringing all Magnet-‐Schultz products to the Chinese market place, whether they are manufactured at MSM in
Germany, or in our new MSC Chinese facility.