Heavy Machinery & Vehicles
Jiangsu Rainbow Heavy Industries Co Ltd:To establish a wholly owned subsidiary in Nantong, with a registered capital of 50 million yuan.New subsidiary to be engaged in technology development, technology transfer, technical consulting and technology services in energy saving and recycling economy fields.
Xingguang Agricultural Machinery Co Ltd:Says establishment of a wholly owned subsidiary in Jiangxi, with a registered capital of 2 mln yuan.The new subsidiary will be engaged in machinery manufacturing, sale and processing of spare parts and material.
Zavod imeni IA Likhacheva OAO:Approves establishment of ZIL-Vostok LLC.
Zhejiang Dingli Machinery Co Ltd:Established a wholly owned subsidiary in Huzhou, with a registered capital of 200 million yuan, on May 20.New subsidiary to be engaged in leasing business (excluding financial leasing) and leased property purchase.
Caterpillar Inc:Saysformation of a new division, Analytics & Innovation, which will be led by Caterpillar Vice President Greg Folley.
Cargotec Oyj:Says Kalmar, part of Cargotec, is to invest about 3 million euros in a new port automation testing and development platform.The testing platform will be located at its Technology and Compete Centre in Tampere, Finland.Says the platform is expected to be fully operational in early 2016.
XiAn Dagang Road Machinery Co Ltd:Set up a new branch in Xi'an.