Wärtsilä Yuchai Engine Co., Ltd, a joint venture between Wärtsilä and Yuchai Marine Power Co., Ltd., has inaugurated its new factory in Doumen District, Zhuhai City, Guangdong Province, China.
The new factory covers a total area of 266,700 square meters and will be used for the assembly and testing of Wärtsilä 20, Wärtsilä 26 and Wärtsilä 32 medium speed engines. Medium speed emgines are used in passenger vessels, among others.
The assembly lines and test beds are in partial operation already, and the plant is expected to be in full production before the end of 2016. Wärtsilä and Yuchai Marine Power Co. Ltd. (YCMP), a subsidiary of Guangxi Yuchai Group, established the 50/50 joint venture in May 2013.
The joint venture, for which the value of Wärtsilä's investment was approximately €17 million, will strengthen Wärtsilä's competitiveness in the Asian markets and increase its focus on the offshore and special segments in China, the world's largest shipbuilding country.
