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Article: CHINESE DIESEL ENGINE MAKER JOINS FORCES WITH BRITISH PEER

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AsiaInfo Services
Article date:
December 19, 2008
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AsiaInfo Services
12-19-2008
Chinese Diesel Engine Maker Joins Forces with British Peer

CHANGZHOU, Dec 19, 2008 (SinoCast Daily Business Beat via COMTEX) -- Changchai Company Limited (SZSE: 000570), a diesel engine manufacturer based in Changzhou, Jiangsu Province, today inks a cooperation agreement with UK-based Lister Petter Ltd., a counterpart of the Chinese company.

The two sides will be friendly partners in manufacturing, purchase and sales of all products they are now producing, in order to reach a win-win development based on advantage sharing.

In details, Lister Petter will outsource some parts of its diesel engine models to Changchai to process, while the annual processing volume ...

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