Kautex´s strong commitment to China

November 29, 2012

Opening of a new plant in Chongqing - the 4th location in China

Chongqing, China. On November 29, 2012 automotive supplier Kautex Textron celebrates the opening of its new plant in Chongqing with guests from the local government and from all over the world. After reviewing several sites Kautex chose Chongqing, China with its customers in mind: to be close to the automotive manufacturers, to be able to deliver very quickly and to keep competitive costs. It is the 4th location of Kautex in China. "China is and will be very important in Kautex´s growth strategy. This is a clear commitment to the Chinese market," said Vicente Perez-Lucerga, President & CEO of Kautex.

The Kautex plant in Chongqing, established in 2011, produces plastic fuel tanks for different automotive manufacturers, who produce cars in China. The plant begins with one production line and 28 employ-ees. However, it is designed for four lines and around 150 employees, explaining the total size of the plant at 18,000 m2. "The location offers great advantages to the plant. It allows working much closer with the customer and makes us more competitive due to lower operation costs," explained Wayne Shen, Vice President Operations Asia.

The Grand Opening Ceremony in Chongqing allowed Kautex to introduce the plant to the media and also thank the officials and employees who helped to build and set up the new Kautex location. Kautex believes that the Chongqing facility will further strengthen the confidence of its customers in China in their well-known high quality and innovative products.

About Kautex Textron GmbH & Co. KG
Kautex, a subsidiary of Textron Inc., is rated among the Top 100 Automotive Suppliers worldwide. The company is a leading global supplier of plastic fuel tank systems, clear vision systems, blow-molded ducting, fluid reservoirs and other components. Kautex oper-ates in 15 countries with 5,400 employees. For more information please see the website www.kautex.com.

About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee, and Textron Systems. More information is available at www.textron.com.

Contacts

Andrea Stöckert
Sr. Specialist Communications
Email: Andrea.Stoeckert@kautex.textron.com
Phone: +49 2 28 / 488-1003
Fax: +49 2 28 / 488-999-1003

Sophia Steinberger
Specialist Communications
Email: Sophia.Steinberger@kautex.textron.com
Phone: +49 2 28 / 488-1004
Fax: +49 2 28 / 488-999-1004

Connect with Textron IR

Eric Salander, Vice President, Investor Relations
(401) 457-2288
Cameron Vollmuth, Manager,
Investor Relations (401) 457-2288

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