News

February 28, 2024

Xin Development Park welcomes innovative medical and manufacturing ventures

Shanghai Waigaoqiao Free Trade Zone Xin Development Co Ltd, a subsidiary under Waigaoqiao Group, recently signed official leasing contracts with three companies under American TouchPoint Group.

The three companies are iTD Medical Equipment, Southco Locking Systems and SupplyPoint Storage Systems. This marks the official establishment of multiple business projects by TouchPoint Group in the Xin Development Park, bringing new momentum to the medical equipment and smart manufacturing sectors in the park.

iTD is a world-leading electrical medical equipment company. The iTD Asia-Pacific Support Center project is responsible for iTD's research and development, production, sales, technical support in the Asia-Pacific region, as well as solutions in mobile healthcare such as medical carts.

As a global leader in engineering hardware solutions, Southco serves over 100,000 customers in 83 countries. The China regional storage and distribution center project is responsible for Southco's global business transit, storage and logistics services.

Founded in 1998, SupplyPoint has become a global leader in automated point-of-use inventory management solutions. The SupplyPoint Asia-Pacific Support Center is responsible for the production, sales and technical support of its intelligent storage solutions in the Asia-Pacific region.