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Article: CUMMINS, BEIQI FOTON MOTOR FORM JV TO MAKE DIESEL ENGINES IN CHINA.
- Article from:
- AsiaPulse News
- Article date:
- October 19, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. 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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BEIJING--(BUSINESS WIRE)--Oct. 19, 2006--Cummins Inc. (NYSE:CMI) and Beijing-based Beiqi Foton Motor Company (Beiqi Foton) today signed an agreement to form a 50/50 joint venture company, Beijing Foton Cummins Engine Company Limited (BFCEC) to produce two types of Cummins light-duty, high-performance diesel engines in Beijing.
The engines primarily will be used in light-duty commercial trucks, pickup trucks, multipurpose and sport utility vehicles.
Certain types of marine, small construction equipment and industrial applications also will be served by this engine family.
Foton, founded ...