[Image courtesy of www.gkn.com]
CBI member GKN recently announced its results for 2011, reporting Group sales up £683 million to £6.1 billion, an underlying increase of 10%.
In China, GKN continued to perform strongly throughout the year, with GKN Driveline opening a new Constant Velocity Jointed (CVJ) Systems plant in Changchun and expanding production in Wuhan and GKN Driveline AWD Systems launching a power transfer unit (PTU) in the country.
In addition, GKN Sinter Metals achieved strong growth in China in 2011, and GKN Aerospace signed a Memorandum of Understanding (MOU) with Commercial Aerospace of China (COMAC) to form a joint venture for the composite structures manufacture of the horizontal tailplane for the C919 aircraft.
Please click here to read GKN's full results for 2011.