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ELGi USA, a subsidiary of Elgi Equipments, formed G3 Compressors, LLC, a North Carolina joint venture with 50% ownership held by Chad Gooding, with a proposed total investment of $100,000 in Class A shares.
“Elgi Equipments announced that its subsidiary, Elgi Compressors USA Inc, (ELGi USA) has formed a Joint Venture Company by name G3 Compressors, LLC, a North Carolina Limited Liability Company”business-standard.com
Summarized from public sources; check the original articles before acting on it.