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ATLANTIC CHINA WELDING CONSUMABLES INC to Establish Joint Venture


Tuesday, 24 Sep 2013 08:00pm EDT 

ATLANTIC CHINA WELDING CONSUMABLES INC announced that it will establish a joint venture, which will be engaged in production, development and sales of flux-cored wire products, as well as related technology services in Jiangsu, with a welding materials company. The Company will invest RMB 27.5 million and hold a 55% stake in the joint venture. The welding materials company will invest RMB 22.5 million and hold a 45% stake in the joint venture. 

Company Quote

8.51
0.14 +1.67%
18 Apr 2014