FORMATION OF UMECO CHINA JV APPROVED

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 17, 2011 10:16

FORMATION OF UMECO CHINA JV APPROVED

Umeco has announced that the formation of its Chinese joint venture company, Shanghai Umeco Composites on September 21, 2010, has been approved by the Chinese authorities.

Shanghai Umeco Composites will be 51% owned by Umeco Composites with Umeco’s Chinese distributor, Shanghai Leadgo Technology, having a 49% stake. The joint venture’s new manufacturing facility is expected to be fully operational by the end of 2011.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 17, 2011 10:16
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ftechnology%2Fformation-of-umeco-china-jv-approved%2F"> registered </a> users can comment.