PROJECT

Projects

Summary of Investment Information

Project Number

34936

Company Name

Johnson Electric Holdings Limited

Date SPI Disclosed

Dec 2, 2015

Country

Hong Kong SAR, China

Region

East Asia and the Pacific

Projected Board Date

Jan 8, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Manufacturing

Previous Events

Approved : Jan 7, 2016
Signed : Jan 27, 2016
Invested : Feb 1, 2016

Sector

Electrical Machinery, Equipment and Components (Electric Lighting, Motors, Batteries, Insulated Wires and Cables, Fiber Optic Cable, Carbon and Graphite Products, etc.)

Project Description

Johnson Electric (“JE” or the “Company”) is a leading manufacturer of electric motors and associated equipment, with operations facilities in over 15 countries covering the Americas, Europe/Middle East/Africa and Asia/Pacific. JE is now looking to expand its production operations in Brazil, Mexico, Serbia and India and has invited IFC to consider providing financing to support this expansion. These production facilities support, respectively, JE’s global supply chain in the Americas, Europe and Asia, selling to automotive OEMs and other industrial users.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation