Apr 9, 2020ACQUISITIONTaicang, China, China Cargotec establishes joint venture with Jiangsu Rainbow Heavy Industries in China
Cargotec has established Rainbow-Cargotec Industries Co Ltd, a joint venture with Jiangsu Rainbow Heavy Industries, with Cargotec owning 49% and investing EUR 30 million. A new facility will be built in Taicang, China.
Productsship-to-shore cranesrubber-tyred gantry cranesrail mounted gantry cranesmarine specialty cranes
“The joint venture RCI will build a new facility to Taicang in China that will increase Cargotec's delivery capacity.”manufacturing-journal.net
- 4 sources
- manufacturing-journal.netCargotec has established a joint venture with Jiangsu Rainbow Heavy Industries Co., Ltd. to strengthen presence in ChinaSuper UserApr 9, 2020
- kalmarglobal.comCargotec plans to change the ownership structure of the joint venture in ChinaMay 11, 2020
- worldcargonews.comCargotec to sell its Rainbow stakeWCN EditorialMay 11, 2020
- epaper.cs.com.cn中国证券报 - 江苏润邦重工股份有限公司<BR/>关于与卡哥特科公司签订《框架协议》的公告May 12, 2020
Summarized from public sources; check the original articles before acting on it.
ENDATA