IBARMIA signs joint venture agreement with Shandong Iraeta Heavy Industry in China

IBARMIA signed an agreement of intent with Shandong Iraeta Heavy Industry Stock Co., Ltd. to create a joint venture to manufacture high-technology machining centers in Guanzhuang, Shandong, China. The new company will be based in a 10,500 m² building.

“This agreement, pending confirmation by Executive Boards of both partners completes the creation of a joint venture to manufacture machining centers of high technological for a better positioning in the Chinese market of the manufacturer IBARMIA.”afm.es

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• afm.esIBARMIA signs an agreement of intent to create a joint venture in China | AFMAFMMay 8, 2017

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