# Amsted Automotive forms joint venture MVT with VT Industrial Technology in China

Amsted Automotive, via Means Industries, has formed a joint venture with VT Industrial Technology named MEANS&VT (Wuxi) Power Technology Co., LTD in Wuxi, China, to supply metal forming and tooling to the Chinese automotive market.

- Type: Acquisition
- Announced: 2021-04-07
- Where: Wuxi, China, China
- Status: announced
- Products: powertrain and advanced metal forming
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Amsted Automotive](https://endata.com/companies/54301.md)
- [VT Industrial Technology](https://endata.com/companies/54302.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/amsted-automotive-expands-its-position-as-a-leader-in-emerging-automotive-markets-by-forming-a-joint-venture-with-vt-industrial-technology-301262942.html), 2021-04-07: "Amsted Automotive has formed a joint venture with VT Industrial Technology via Means Industries, to further improve Means' position as a leader in technology and manufacturing in the automotive market."

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