Jason Sandefur
Germany-based Walter AG will invest US$80 million to establish an auto fastener production base in Shenyang, China Industry Daily News reports.
Walter AG also plans to set up a global advanced solar energy equipment production facility. In addition, the company decided to locate its China head office in Shenyang.
Walter AG manufactures precision tools and software. Web: walter-ag.com �2006 FastenerNews.com
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