Shanghai Jiao Yun to establish connecting rod assembly plant in Yantai  [ China ]

Shanghai Jiao Yun Group Co., Ltd. announced that the board has decided to establish a new plant for Yantai Zhongrui Automobile Parts Co., Ltd., its wholly owned subsidiary. It plans to invest approximately CNY 102.37 million to set up a factory on 1,200 square meters of land. The factory will produce connecting rod assemblies for NGC engines. The construction project will begin in August 2014. ...