Forge Ahead | Würth Rooted in Localized Operations, Focusing on Skill Field Development
27/07/24
July 27, 2024 Würth Group officially entered the 30th anniversary of China. Throughout the first half of the year, the continuous release of new products and the active expansion into new industry sectors are strong measures indicating Würth Group's ongoing investment in China, aimed at enhancing the market value and supply chain capabilities within the Chinese market.
“Würth's connection with China goes beyond 30 years and has always been committed to providing high-quality products and services for all skill field customers in China, while delivering more reliable and efficient solutions to them. In the future, relying on China's favorable market size, economic volume and flourishing ecosystem, Würth will forge forward in China's innovative opportunities, deepen its layout in China, adapt to the Chinese market pattern, and continue to help Chinese users in the field of skills to improve work efficiency,” said Vladimir Glodjovic, CEO of Würth China.
Vladimir Glodjovic, CEO of Würth (China) Co., Ltd
As a global market leader in the development, production and sales of assembly products and fasteners, Würth Group's diversified structure and business model in different industries and regions have laid the foundation for development. The RedStripe series of hand tools, launched in May 2024, is customized and developed according to the needs of users in the Chinese market, aiming to provide Chinese hand craftsmen with reliable performance hand tools, a comfortable grip, durable materials, and a wide range of flexible applications, offering users with an efficient and labor-saving experience. Meanwhile, Würth China's direct sales, distribution, e-commerce and telesales channels over the past 30 years actively meet customers' various purchasing and service needs.
While actively introducing innovative products developed by the Group, Würth China continues to promote local innovation and accelerate the development and supply of localized products to help the business growth in China. Relying on the strong supply chain capacity in China, Würth China is building up stronger cooperations with local partners to provide more competitive high-quality products to its customers.
Standing at the new starting point of the 30th anniversary, Würth China will continue to optimize the competitiveness of the local market, effectively develop and utilize the strong sales channels and teams, improve the supply chain resilience and service level, accurately identify customer needs, and work together to promote the user experience and development of China's skill fields.
About the Würth Group
The Würth Group is the global market leader in the development, production and sale of assembly and fastening materials. Other trading and production companies, known as the Allied Companies, operate in related business areas, ranging from electrical wholesale and electronics to financial services. The Group currently employs more than 87,000 employees in over 400 companies with more than 2,700 shops across 80 countries. The Group achieved sales of EUR 20.4 billion in the 2023 fiscal year. With over 7,900 employees, Adolf Würth GmbH & Co. KG in Künzelsau is the largest single company in the Würth Group.
About the Würth China
Würth China is headquartered in Shanghai. In order to provide customers with convenient and efficient logistics services, Würth has established Central Distribution Center covering an area of more than 56,000 square meters and professional industrial chemical warehousing and logistics center in Zhejiang.
Würth provides customers with more than 125,000 products, including chemicals, tools, PPE, material processing, anchors, fasteners, and our ORSY system solutions, serving industries such as automotive aftermarket, assembly and maintenance, rail transit, and wood.