ASIMCO Technologies is a large independent automotive components manufacturer head quartered in Beijing

Beijing

Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...

, China. With sales in excess of US$500 million the company is one of the largest producers of automotive components in China with 10 manufacturing operation, 52 sales offices and roughly 900 service stations across the Peoples Republic of China. It is the first international components manufacturer based in China with over 15% of its annual sales made to customers in the United States, Europe and Japan.

ASIMCO specialises in the production and development of fuel injection

Fuel injection

Fuel injection is a system for admitting fuel into an internal combustion engine. It has become the primary fuel delivery system used in automotive petrol engines, having almost completely replaced carburetors in the late 1980s....

 systems, powertrain

Powertrain

In a motor vehicle, the term powertrain or powerplant refers to the group of components that generate power and deliver it to the road surface, water, or air. This includes the engine, transmission, drive shafts, differentials, and the final drive...

s, chassis

Chassis

A chassis consists of an internal framework that supports a man-made object. It is analogous to an animal's skeleton. An example of a chassis is the underpart of a motor vehicle, consisting of the frame with the wheels and machinery.- Vehicles :In the case of vehicles, the term chassis means the...

 components, rotating electrics and NVH

Noise, Vibration, and Harshness

Noise, vibration, and harshness , also known as noise and vibration , is the study and modification of the noise and vibration characteristics of vehicles, particularly cars and trucks...

 products.

In July 2010 Bain Capital

Bain Capital

Bain Capital LLC is a Boston-based private equity firm founded in 1984 by partners from the consulting firm Bain & Company. Originally conceived as an early-stage, growth-oriented investment fund, Bain Capital today manages approximately $65 billion in assets, and its strategies include private...

 become the controlling shareholder in ASIMCO for US$150 million.

Founding

ASIMCO Technologies was founded in 1994 by Jack Perkowski

Jack Perkowski

Jack Perkowski is a Wall Street veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. He is also the former CEO and Chairman of the Board of ASIMCO Technologies, an automotive components company in China. Despite not being able to speak Chinese, he is known as "Mr...

 with a business model

Business model

A business model describes the rationale of how an organization creates, delivers, and captures value...

 based on accessing and transferring capital

Capital (economics)

In economics, capital, capital goods, or real capital refers to already-produced durable goods used in production of goods or services. The capital goods are not significantly consumed, though they may depreciate in the production process...

, technology

Technology

Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...

 and managerial techniques from the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and Europe

Europe

Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

to upgrade existing Chinese manufacturing operations that fall under the ASIMCO umbrella. The company's first ventures into China saw them lose some US$400 million before they managed to establish them selves in the late 1990s/early 2000s.