YOKOGAWA ELECTRIC CORPORATION PLANS TO EXPAND CHINESE OPERATION
AsiaInfo Services, October, 2005
AsiaInfo Services 10-28-2005 Yokogawa Electric Corporation Plans to Expand Chinese Operation CHINA, Oct 28, 2005 (SinoCast via COMTEX) -- Japan's Yokogawa Electric Corporation plans to set up a new wholly-owned company with legal person status in China. The new company is set to open for business in January 2006, having USD 6.05 million in registered capital.
It will be mainly engaged in selling products turned out by Yokogawa Electric Corporation's Chinese factories and providing technology consultancy services. Yokogawa Electric Corporation has built eight subsidiaries and affiliations in China to date. The purpose of establishing the new company is to further the business foundation among its eight subsidiaries and affiliations. Yokogawa Electric...
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