ANDERSON, IN-- Remy International and Johnson Electric Holdings Limited based in Hong Kong have signed a strategic cooperative agreement under which Johnson Electric will supply Remy with components, motor assemblies and support services for Remy's Wholly Foreign-Owned Enterprise (WFOE) located in the Guangdong province of China.

Johnson Electric provides micro motors and integrated motor systems to global customers in the automotive, power tools, home appliances, business equipment, audio-visual and personal care sectors.

Remy plans to lease a plant to produce alternators and starters for the emerging China market and to support its expanding worldwide customer base. This strategic alliance will supplement Remy's current alternator manufacturing plant, Remy Electricals Hubei Co., Ltd. and the Remy Customer Support Center in Shanghai. According to the company, Remy's WFOE will be positioned to offer a reliable, low-cost, manufacturing base for production activities, focusing on the China domestic market, which is expected to grow from 5.7 million vehicles in 2005 to more than 8.7 million by 2010.

For more information, go to: www.remyinc.com.

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