ANDERSON, IN -- In an effort to significantly expand the company's presence in the region and meet new business demands, Remy International has formed a wholly foreign-owned enterprise -- Remy Electricals (China) Company Limited -- in Shajing, Guangdong Province of China.

The facility will launch operations in May 2005 and will begin production later this year. This expansion will add more than 2.2 million units of annual capacity for the manufacture of new Delco Remy and Remy brand starters and alternators, the company said.

This latest initiative by Remy is designed to accommodate the rapidly emerging local market in China where forecasted growth in vehicle demand continues to be among the fastest in the world. In 2003 Remy acquired a majority ownership in an alternator operation, Remy Electricals Hubei Company, Ltd. in Jingzhou, Hubei Province. For more than 10 years, this company has manufactured and sold licensed product to the top China OEMs. Additionally, the company established the Remy International (Shanghai) Representative Office, located in the Shanghai Centre on Nanjing Road in Shanghai, in November 2002. The office now serves as the base for Remy domestic sales and purchasing.

“We are making a significant additional focus in China to transfer our new global technologies and best-in-class quality to support our OEM customers requirements for both domestic and export markets,” said Remy President Richard Stanley.

For more information about Remy Inc., go to: www.remyinc.com.

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