# Gestamp opens $56 million production facility in Tianjin

Gestamp Automocion SA opened a new EUR 50 million ($56.58 million) production facility in Tianjin, China, named Gestamp Auto Components (Tianjin) Co Ltd, bringing its China count to 11 production facilities and 2 R&D centers.

- Type: New facility
- Announced: 2018-11-15
- Where: Tianjin, China, China
- Value: $56.6M (50.0M EUR)
- Starts operating: 15 Nov 2018
- Status: completed
- Products: vehicle components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Gestamp Automoción](https://endata.com/companies/21137.md)

## Sources

- [chinadaily.com.cn](https://www.chinadaily.com.cn/cndy/2018-11/17/content_37274014.htm), 2018-11-17: "Gestamp Automocion SA, a Spain-based multinational in vehicle components, has strengthened its presence in China by opening a new 50 million euros ($56.58 million) production facility in Tianjin."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.