As a solution provider to the heavy duty market, ASIMCO Technologies has been working with its China based customers to continually lower their costs by localizing component production in China. The Company has also been working with its international customers to lower costs through China sourcing initiatives.

Over the longer term, ASIMCO Technologies' strategy is to work with its customers to develop new products that meet the needs of the rapidly growing China market as well as take advantage of the cost and technological advantages of China production.

ASIMCO’s goal is to be able to provide value-added products and services to its customers in a timely manner and with competitive price from anywhere in the world. 

ASIMCO Technologies is placing increased emphasis on enhancing its own product development and research and development capabilities. The Company's broad list of product and process capabilities, combined with its presence in and knowledge of the China market, are solid building blocks for proactive research and development activity.

With the stricter national emission standard launched in China, ASIMCO is now offering new technologies to the diesel engine producers, including EUP and common rail fuel system, Euro III/Euro IV fuel injectors, CCC coated piston rings for EURO III application, high power gear-reduction starter, air handling systems, etc.

ASIMCO Technologies supplies products to the heavy duty, international and passenger car markets:

Heavy Duty: Heavy Duty products, particularly components and systems used in diesel engines, represent the Company's historical core market. China's heavy duty market is projected to grow substantially in coming years, both in terms of number of vehicles and in terms of truck and engine size.

ASIMCO Technologies has significant market shares in China for most of its key heavy duty products, and supplies its customers with a wide range of products. A key part of ASIMCO Technologies' market strategy is to continue to build its strength in this market, serving both its China and international heavy duty customers. The Company also expects to benefit as its China heavy duty customers penetrate markets outside China.

International: In 1998, ASIMCO Technologies established its export activity. This has proven to be an excellent way for ASIMCO Technologies to build an additional market, as well as to prepare the Company's operations for the increasing quality standards in China.  The Company will continue to build its export activity and international customer base in order to augment its presence in the China market.

Passenger Car: ASIMCO Technologies enjoys excellent relationships with leading assemblers in China, as well as with global assemblers seeking to establish and grow their assembly operations in the country. China's passenger car market is expected to grow substantially in the future, and most of ASIMCO Technologies' products and capabilities have passenger car applications. In particular, ASIMCO Technologies will leverage its strength in the diesel engine market to serve what it believes will be a growing market in China for passenger cars powered by diesel engines.