Joint Venture Cements Crown's Leadership in Oilseed Processing. (The Insider).(Crown Iron Works joint venture with Wuhan Friendship Engineering)(Brief Article)(Statistical Data Included)

Process Heating, November, 2001

Crown Iron Works Co., Jordan, Minn., and Wuhan Friendship Engineering Corp., an oilseed processing company in China, have entered a joint venture.

Increased need for greater economies of scale in the soybean processing market has compelled the joint venture.

Wuhan Friendship Engineering Corp. provides soybean processing systems with capacities of up to 1,200 tons/day. For the last few years, however, demand has increased in China for greater soybean processing capacities and operating efficiencies of up to 3,000 tons/day. As a worldwide supplier of energy-efficient, high-capacity oilseed processing systems, Crown Iron Works Co. answers this need for China.

Crown will offer a full line of oilseed and oil processing equipment for China....

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