Zhejiang Asia-Pacific Mechanical & Electronic to establish casting subsidiary in Anhui Province  [ China ]

Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. announced that it will establish a subsidiary in Guangde County, Anhui Province. The new company, Guangde Asia-Pacific Foundry Co., Ltd., will be capitalized at CNY 9 million. It will develop, produce and sell automotive cast parts. Its annual production capacity is expected to reach 120,000 tons. (From an announcement by the company o...