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KITO CORP to Establish Joint Venture in Taiwan

Wednesday, 3 Oct 2012 03:30am EDT 

KITO CORP announced that it has decided to establish a Taiwan-based joint venture KITO TAIWAN CO., LTD., which will be engaged in the manufacture, sale and related service of hoist crane and related services, with a Taiwan-based company, effective October 26, 2012. The Company and the Taiwan-based company will each hold a 55% and 45% stake in the joint venture. 

Company Quote

-67.0 -2.82%
12:57am EDT