# Honeywell China and Boyun New Materials to invest USD 18 million in JV

Honeywell China and Hunan Boyun New Materials will invest an additional USD 18 million in their joint venture Honeywell Boyun Aviation System Hunan, to support R&D and daily operations and to become a supplier for COMAC's C919 aircraft.

- Type: Investment
- Announced: 2020-05-06
- Where: Hunan, China
- Value: $18.0M
- Status: announced
- Products: airplane wheels and brake systems
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Honeywell China](https://endata.com/companies/47073.md) (investor)
- [Hunan Boyun New Materials](https://endata.com/companies/47074.md) (investor)
- [Honeywell Boyun Aviation System Hunan](https://endata.com/companies/47075.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/honeywell-china-airplane-parts-jv-to-get-usd18-million-infusion), 2020-05-07: "The capital increment will raise the JV's registered capital to USD98 million from USD80 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.