Shawmut LLC forms joint venture with Dejun Textiles in China

Shawmut LLC and Zhejiang Dejun New Material Co., Ltd. announced an exclusive equity joint venture to produce automotive interior fabrics in China, giving Shawmut ownership and vertical control of production.

“This significant expansion of Shawmut's Asia-footprint demonstrates our long-term commitment to the region, and to the Chinese market.”prweb.com

• 1 source
• prweb.comShawmut LLC Secures Direct Stake in China Production Operations through Joint Venture Agreement with Dejun TextilesShawmut LLCMay 11, 2023

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