Source: NewTek Automotive USA
KANSAS CITY, Mo. – NewTek Automotive USA recently announced the takeover of China Yantai Friction Co. (CYFC) of Penglai, Shandong Province, China effective February 1, 2020.
CYFC is one of the foremost brake pad production facilities in the world. This facility is set up as an original equipment (OE) production facility. They have the OE friction supplier codes for BMW 3 Series and GWM front/rear SUV’s (GWM 17.2B Auto Manufacturing). In addition, they have DELPHI EUROPEAN GROUP. CYFC cooperated with SAXID Germany which has the supplier codes to BMW 1 series, 3 Series, X1, X3 and Porsche Cayan. CYFC is the supplier to CHANGAN, GW, CHERY, GEELY and ZOETY Etc.҂
The factory layout is in seven buildings totaling 1.01 million square feet on 2.56 million square feet of land.
CYFC has one of the best engineering technology and testing equipment facilities in the world. This facility includes 1 Link 3802 Road test data collector, 1 Link chase tester, 1 link Shear Machine and 2 Link 3000 dyno’s and a Link 3900 NVH dyno.
CYFC is known worldwide to have a superior formulation assortment in its library as well as the capacity to generate new formulas for OE and aftermarket based on customer needs.
The takeover of CYFC which will be the CYFC Group of Newtek Automotive USA will position the company as one of the few suppliers in the world to control its own production, supply and quality for both OE and aftermarket.
About NewTek Automotive USA
NewTek has provided private label and NewTek branded products to distributors in the United States, Canada, and Mexico for more than 25 years.
The company maintains a substantial inventory for immediate shipment from its 100,000 square foot distribution center in Kansas City, Mo. Because of its centralized location, it is able to ship brake products throughout the country faster than many other suppliers.
Now known as CYFC Group of Newtek Automotive, the company has one of the best engineering technology and testing equipment facilities in the world – positioning NewTek as one of the few suppliers in the world to control its supply, production, and quality for both OE and aftermarket brake pads.
The entire announcement can be found by clicking on this sentence.