Attract A Large Number Of Foreign Perspective, China's Valve Industry Positive Outlook

Watts Industrial Group, the United States since 1994

, China's valve market drop a piece, it has been no investment in new projects. Until 2002, the United States Watts Industrial Group, uncharacteristically, first invested 21.5 million U.S. dollars acquisition of Zhejiang Taizhou Shida Plumbing Manufacturing Co., Ltd. (SHIDA); and subsequently spent 25 million U.S. dollars in Tianjin Tanggu National Marine High-tech Park, the construction of the Tianjin Watts Valve Co., Ltd. (TWVC). Currently, the group has not yet closed hand, other new investment projects are also among the active operation.

Watts Industrial Group in China, the U.S. water technology products on the market showed great enthusiasm, whether insiders or outsiders, had to draw a big question mark.

This is the U.S. global strategy Watts Industrial Group, an important step in the adjustment. 10 years ago, Watts industrial investment in China to form joint venture in China main purpose is to find a low-cost, high-quality international market suppliers. Now, this orientation has undergone a fundamental change in the hardest hit is the manufacturing technology products to create China's water carrier, vying for China valve market leader.

Support of these assertions, in the interview with the U.S. industrial group in Asia, general manager of Watts Tony - Tara (TonyTala) has been confirmed with Mr., Tara and gives three major reasons. One reason: a huge market to attract investors to a rapid expansion and great potential of China's valve market, the United States Watts Industrial Group, is an irresistible temptation. As Mr. Tara said, China's current annual demand for the total valve market are more than 100 billion yuan, a huge market for any one in this world-renowned valve manufacturers are only dream about.

In accordance with the scientific concept of development, China has to ensure the coordination of future economic development and improving people's living needs, must be infrastructure, such as water, electricity, gas, heat, etc. on the top priority, which is precisely the valve handy . In other words, as one is still a new type of China-based rather than replace the valve market, their needs, potential and explosive force would be staggering.

To prove his own inference, Mr. Tara cited two examples. First, is China's water diversion project, only the outskirts of Beijing to the urban area 70 kilometers in length, the amount of purchases for the valve as high as tens of millions, then the entire demand for water diversion project on the valve can be is conceivable. Secondly, in order to solve the power shortage problem, the scale of hydropower projects to be launched not only the Chinese government's top priority, it will be a long-term task, not to mention there are natural gas and transformation of old industrial base, distribution network construction, residential projects, sewage treatment, irrigation and water conservancy and many other items.

China valve market has so much charm, has been enough to attract foreign investors, is pleased to go, but over the past two years, China valve users a soft spot on the world famous brand, but also the United States Watts Industrial Group, a little more investment in impulse. Tara spoke about, refine the Chinese market demand for valves, like a pyramid. Spire for all imported products, fine quality, high prices, a small amount of a monopoly on high-end users.

The central tower is a wholly foreign-owned, joint ventures, the site, the corresponding valve is to require quality, affordable high-end users. As for the domestic enterprises are basically wandering in the tower bottom, in order to fight the number of ways to fight price competition with low-end users. With the purchasing behavior of Chinese users increasingly rational, more and more emphasis on brand and quality, sole proprietorship, joint venture's products are increasingly popular. Meanwhile, the wholly-owned, joint ventures, and constantly improving quality through the use and lower costs means eroding the market share of imported products.

The second reason: Select the time involved in integrating China into the valve business, "the little door small family" and China's valve products, "quite a mixed bag," Watts Industrial Group to the American incursions into the Chinese market to create a golden opportunity for integration. Mr. Tara pointed out that, because getting into the valve industry, the threshold is too low, access mechanism without sound, 10 years, sprung up in China, derived from the land of more than 3,000 valve manufacturing companies.

Throughout the more than 3,000 valve manufacturing company, with annual sales income of 500 million yuan less than 500, the annual sales income over billion company with only a dozen. In accordance with prevailing international market standards, a standardized, mature market, industry 20% of the companies should have 80% market share, its former three should have control over the market share of more than 50% of the strength of the valve industry in China 10 name of an enterprise's market share in the domestic market only accounted for 8% ~ 9%.

In other words, such a large Chinese valve market up to now there is no real sense of brand names. There is no world-class brands, there is no heavyweight companies in China valve market will, inevitably, led to China's valve market regional segmentation and disorderly competition. Mr. Tara that we want to solve this problem, China's valve industry must quickly embark on the road of integration, through the survival of the fittest to create a leader, but the involvement of foreign brand-name enterprises can accelerate the process.

Watts Industrial Group, the U.S. chose this opportunity to push into China's valve market, its aim is to actively participate in China's valve industry, the integration of operations, worked hard, through wholly-owned, mergers and acquisitions, joint ventures, investment and technical cooperation and other fast-expanding range of products, increase market share, and build a new market competition.

The third reason: The strength of the Chinese market more than a century aspirations to accumulate in the international market economy, technology, brand and strong market share strength, as well as Chinese-invested enterprises to the successful operation, but also strengthened the U.S. hegemony Watts Industrial Group China valve market confidence.

According to Mr. Tara, USA Watts Industrial Group was founded in 1894, is specialized in producing all kinds of water technology products and providing total solutions to a multinational industrial group is now worldwide, has 29 large-scale manufacturing enterprises, their production , the sales network all over the world in almost all industrial countries. The group not only the world's leading technology, respectively, occupy the United States and the global valve market for more than 90% and 50% of the share, and enjoy in the international field of water technology, "valve standard-setter" in the world.

Watts industries in the Asian region as a manufacturing center, Tianjin Tanggu Watts Valve Co., Ltd. Since 1994, the date of commissioning, in full accordance with Watts on a global standard industrial production, and successfully obtained ISO9001: 2000 quality system certification, the European Union Pressure Equipment Directive 97/23/EC certification, China Classification Society certification authority such as a series of international certification, to ensure that users in China and the United States to provide the same quality of products Watts, so that products are widely used in national large-scale key project.

After nearly 10 years of development, Tianjin Tanggu Watts Valve for its excellence in product quality and perfect service system, access to the majority of users praise. The success of testing the waters for the United States Watts Industrial Group, the aspirations to China valve market addition of a fraction of the odds.

In front of Tianjin Tanggu Watts Valve Co., Ltd., after Taizhou Shida Plumbing Manufacturing Co., Ltd., Tianjin Watts Valve Co., Ltd., the United States Watts Industrial Group has established three companies in China, this year's sales income will be 450 million yuan yuan, next year is expected to reach 7 billion yuan. Watts Industrial Group, the United States since 1994, China's valve market drop a piece, it has been no investment in new projects.

Until 2002, the United States Watts Industrial Group, uncharacteristically, first invested 21.5 million U.S. dollars acquisition of Zhejiang Taizhou Shida Plumbing Manufacturing Co., Ltd. (SHIDA); and subsequently spent 25 million U.S. dollars in Tianjin Tanggu National Marine High-tech Park, the construction of the Tianjin Watts Valve Co., Ltd. (TWVC). Currently, the group has not yet closed hand, other new investment projects are also among the active operation.

Watts Industrial Group in China, the U.S. water technology products on the market showed great enthusiasm, whether insiders or outsiders, had to draw a big question mark.

This is the U.S. global strategy Watts Industrial Group, an important step in the adjustment. 10 years ago, Watts industrial investment in China to form joint venture in China main purpose is to find a low-cost, high-quality international market suppliers. Now, this orientation has undergone a fundamental change in the hardest hit is the manufacturing technology products to create China's water carrier, vying for China valve market leader.

by: vovo

POST COMMENT

Up To Date Telecommunications Directory Of China Development Trend Of China's Machine Tool Manufacturing Industry Stamping Die Industry In China's Export Surge In The Latest Top 8 Inch Wholesale Tablet Pcs From Epathchina Us-china Stand-off Could Get Ugly. Measuring The Rapid Development Of China's Industry To Become The World's Second China Wind Power Converter Industry Situation And Prospects "china's Leather Capital" For Strong Storms Building Empire Through Argumentation: Debating Salt And Iron In Western Han China China's Mandatory Standards Promoting Stationery Industry To Get A Firm Foothold In International... Sideboards Are Good For Keeping China And Cutlery Safely U.s. Increases Scrutiny Of China Companies China Unicom, Zte 3g Jicai Single Paragraph On The Card The Highest Share