Hubei Bothwin Investment to establish subsidiary in Wujin National Hi-tech Industrial Zone  [ China ]

Hubei Bothwin Investment Co., Ltd. announced that it will establish a wholly owned subsidiary in the Wujin National Hi-tech Industrial Zone. The new company will be called Changzhou Steyr Power Co., Ltd., and will be capitalized at CNY 500 million. The subsidiary will develop and produce diesel engine products and casting components. (From an announcement by the company on March 25, 2014)