Versalift and XJ Electric form joint ventures for aerial lifts in China

Versalift and XJ Electric (Xuji) completed negotiations on two joint ventures to manufacture bucket trucks and aerial lifts for China's electric power grid. An official announcement is scheduled for December 18, 2018.

“Despite significant tariff increases between the United States and China and a challenging climate for international trade, XJ Electric and Versalift have completed negotiations on two ground-breaking new joint ventures.”prnewswire.com

• 1 source
• prnewswire.comVersalift Establishes Exclusive Joint Venture with China Grid Subsidiary XujiVersaliftDec 13, 2018

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