Pierburg, Zhejiang Yinlun Machinery to form joint venture in Shanghai  [ China ]

Pierburg, a company in the KSPG Group, and Zhejiang Yinlun Machinery Co., Ltd. have agreed to establish a joint-venture business in Shanghai, China. The new company will be called Pierburg Yinlun Emission Technology (Shanghai) Co., Ltd., and will be owned 51% by Pierburg and 49% by Zhejiang Yinlun. It will construct a plant on the premises of Zhejiang Yinlun's manufacturing facility in the Feng...