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MTC (Mingtai Co., Ltd.) announced it will invest between CNY 1.5 billion and CNY 1.6 billion to build an LED epitaxial wafer and chip production project in Nanchang High-tech Industrial Development Zone. The first phase, with a total investment of CNY 5 billion, is expected to start operations in 2018.
Körber AG completed the acquisition of MTC S.R.L., a developer and manufacturer of tissue converting machines based in Lucca, Italy, effective June 14, 2017, to expand its Business Area Tissue.
| Site | Largest | Latest |
|---|---|---|
| Nanchang High-tech Industrial Development Zone, China | $235.0M | 2017-06-29 |