Tianjin Motor Dies gives up DieTech North America acquisition

In May 2017, Tianjin Motor Dies Co., Ltd. announced a plan for the company to set up a new wholly-owned subsidiary in Michigan, the U.S. and for the new subsidiary to acquire DieTech North America, LLC. The subsidiary was established on April 9, 2018, however, the discussion with DieTech did not reach an agreement an....

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