cel-global investment fund’s portfolio company, burke porter group successfully launches new facility in wuxi
26 october 2018 – china everbright limited (“everbright, stock code: 165.hk”) is proud to announce that burke porter group (“bpg”), a portfolio company of the cel global investment fund, held a successful inauguration event to celebrate the opening of their wuxi facility.
about burke porter group
founded in 1953 and headquartered in michigan, usa, burke porter group is a leading global manufacturer of intelligent manufacturing and high-end equipment that was successfully acquired by cel global investment fund in early 2015. it is the world leader in automotive testing equipment, vehicle r&d testing and certification equipment. the company’s customers include all major auto manufacturers and parts suppliers, with 16 factories and 35 operations departments worldwide and more than 2,000 employees.
about bpg (china) wuxi facility
bpg (china) testing equipment co., ltd. is directly affiliated to the burke porter group. bpg china’s new plant is located in wuxi national high-tech zone, with an investment of more than 30 million us dollars. it is capable of producing 400 sets of high-end test equipment per year to meet the needs of domestic and international customers. it will strongly support the r&d and production quality control of china's new energy vehicles, upgrade and certification of traditional vehicle and truck emissions, accelerate the development of autonomous vehicle technology, and contribute to the advancement of intelligent manufacturing technology.
about cel-global investment fund
the cel-global investment fund is a us$500 million-fund that primarily invests in equities and equity-linked securities of companies established in north america and europe, targeting companies with proven operational track record and a sound business model with strong growth in the market in china. the fund’s target industries include advanced manufacturing, advanced transportation equipment, advanced agricultural products and technologies, consumer products, clean energy, environmental and resources management, technology, media and telecommunications, wealth protection and healthcare.
