In a speech at the recent Asia Manufacturing Forum 2009 in Beijing, an executive from Textron Inc., parent company of blow molder Kautex Textron GmbH & Co. KG, said the company is considering further investment in China.

Martin M. Lin, president of Textron China, said the expansion will support the increasing demand from the nation's automotive industry, according to a transcript of his Chinese speech provided by 163.com. He didn't go into details.

"Our China team achieved 30 percent cost reduction by redesigning tools and work flow," he said, "Localization also helps our customers increase added-value."

Kautex makes plastic fuel tanks at its factories in Changchun, Shanghai and Guangzhou.