Established in 1946, the Denmark-headquartered Grundfos is one of the biggest pump makers in the world. It produces circulating, centrifugal, and submersible pumps. The company’s annual turnover is 360 million yuan ($ 56.9 million).
|[Photo provided to bizwnd.gov.cn]|
Grundfos Pumps (Wuxi) Ltd is a wholly-owned subsidiary of Grundfos. It has a total investment of $4 million and registered capital of $2.1 million. It was founded in Wuxi New District (WND), Wuxi, Jiangsu province in 2000 and covers an area of 15,000 square meters.
The products of the Wuxi subsidiary are widely used in the construction industry and agriculture.