Gränges halts plans for joint venture with Mitsubishi Aluminum in North America

Gränges AB has decided to halt plans for a joint venture with Mitsubishi Aluminum Co., Ltd in North America for manufacturing advanced aluminium materials for brazed automotive heat exchangers, citing insufficient risk-reward attractiveness.

“Gränges has decided to halt the plans for a joint venture in North America, as the project isn't sufficiently attractive for Gränges from a risk-reward perspective given the current circumstances.”granges.com

• 1 source
• granges.comGränges halts plans for a joint venture in North America | GrängesAug 17, 2018

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