Fuyao today announced that the Russian capital of California to be Volkswagen Industrial Park Kaluga City, a wholly owned subsidiary incorporated in the "China Fuyao" Glass Industry Co., Ltd "(working title), through the investment of $ 200,000,000 of the company building in the park automotive safety glass project.

    Company said the investment will further expand the company's production scale, to further enhance the company's sales and service capacity that will benefit the company to better compete in international markets, and promote sustained and stable development of the company.

    Volkswagen Industrial Park is located in Kaluga City, Russia, about 150 km southwest of Moscow, Kiev, in Moscow road and rail access to the main road, the location and convenient transportation. Russia has a Renault, Peugeot, Volkswagen, General Motors, Ford and other brands of automobile production and consumer markets.