ASIMCO Technologies is a large independent automotive components manufacturer headquartered in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. With sales in excess of

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

500 million, the company is one of the largest producers of automotive components in China, with 10 manufacturing operations, 52 sales offices and roughly 900 service stations across the

People's Republic of China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. It is the first international components manufacturer based in China, with over 15% of its annual sales made to customers in the United States, Europe and Japan. ASIMCO specializes in the production and development of

fuel injection Fuel injection is the introduction of fuel in an internal combustion engine, most commonly automotive engines, by the means of an injector. This article focuses on fuel injection in reciprocating piston and Wankel rotary engines. All comp ...

systems, powertrains,

chassis A chassis (, ; plural ''chassis'' from French châssis ) is the load-bearing framework of an artificial object, which structurally supports the object in its construction and function. An example of a chassis is a vehicle frame, the underpart ...

components, rotating electrics and NVH products. In July 2010 Bain Capital became the controlling shareholder in ASIMCO for US$150 million.

Founding

ASIMCO Technologies was founded in 1994 by

Jack Perkowski Jack Perkowski is a Wall Street veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. He is also the former CEO and Chairman of the Board of ASIMCO Technologies, an automotive components company in China. He was one of the ...

with a

business model A business model describes how an organization creates, delivers, and captures value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, ...

based on accessing and transferring

capital Capital may refer to: Common uses * Capital city, a municipality of primary status ** List of national capital cities * Capital letter, an upper-case letter Economics and social sciences * Capital (economics), the durable produced goods used f ...

technology Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, ...

and managerial techniques from the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

and

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

to upgrade existing Chinese manufacturing operations that fall under the ASIMCO umbrella. The company's first ventures into China saw them lose some US$400 million before they managed to establish themselves in the late 1990s/early 2000s.

References

{{Authority control Manufacturing companies based in Beijing Chinese companies established in 1994