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BAC China, a joint venture between Dalian Bingshan Group and US-based BAC, broke ground on a new factory and Asia-Pacific R&D center in Dalian's High-tech Zone. The investment is 250 million yuan, with the new facility expected to begin operations by the end of 2021 and triple current capacity.
DBG and BAC Company merged BAC Dalian Co., Ltd. and BAC Cooling Systems (Suzhou) Co., Ltd. to form BAC China, headquartered in Dalian.