Sabaf, a supplier of components for household appliances, received the award Creators of Value – Metal and Mechanical and General Use Machinery Sector from China Awards 2010. Sabaf CEO Angelo Bettinzoli accepted the award on Nov. 24, 2010. The award recognizes Italian and Chinese firms that have made best use of the opportunities offered in their respective export markets.
Sabaf opened its Chinese subsidiary at Kunshan in 2009. The logistical center is about 70 km northwest of Shanghai and is scheduled to become a production site by the end of 2011. Sabaf said the center in China will benefit Chinese manufacturers, but also said that manufacturing in Italy will not be affected.
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