Member News: Operation Expansions & Subsidiary Mergers at Sun Hydraulics
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s updates come from Sun Hydraulics.
Sun Hydraulics recently announced the expansion of its operations in Asia, including new, expanded facilities in South Korea and China. Ground has already been broken on the new 50,000-square-foot manufacturing facility in Incheon, South Korea. The new location will support manufacturing, engineering, and sales serving South Korea, China, Japan, Australia, and Southeast Asia. The company also recently opened its first joint engineering and sales offices with its subsidiary, Enovation Controls, in Shanghai, China to further support Chinese sales as well as more easily collaborate. Read the release here.
Around the same time, Sun Hydraulics also announced the merger of two of its subsidiaries, High Country Tek and Enovation Controls. The merger will go into effect December 31, 2017. After that date, all of High Country Tek’s business will go through Enovation Controls. Until then, High Country Tek will operate from its current location in Nevada City, California. Read the release here.
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