Mori Seiki, Shenyang Machine Tool and GILDEMEISTERAG form joint venture in China

Japan's Mori Seiki, China's Shenyang Machine Tool and Germany's GILDEMEISTERAG established a joint venture in China to produce machine tools for electronics and automotive components, with initial monthly production of 100 units.

“It breaks the previous situation where Japanese machine tool companies invested cautiously to prevent technology loss.”sddongda.cn

• 1 source
• sddongda.cnChina, Japan, and Germany establish a joint venture for machine tools in China-industry dynamics-Dongying Dongda Machinery Manufacturing Co. Ltd.Jul 21, 2018

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