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Article: MHI to Manufacture Printing Machinery in China in Joint Venture with Beiren Printing Machinery Holdings.
- Article from:
- JCN Newswires
- Article date:
- June 15, 2006
CopyrightCOPYRIGHT 2006 Japan Corporate News Network K.K. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Tokyo, Japan, June 15, 2006 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI; TSE: 7011) and Beiren Printing Machinery Holdings Limited, the largest printing machinery manufacturer in China, have established a joint venture company (JV) in Beijing to undertake manufacturing and sales of sheet-fed printing machinery. Through establishment of the JV, MHI aims to further increase its presence within the Chinese printing machinery market, where demand for printing is increasing sharply in the run up toward the 2008 Beijing Olympic Games and the 2010 Shanghai World Expo. The JV will commence full-scale operation in July with the ultimate target of solidifying the new ...