GRAMMER IN TRUCK-SEAT JOINT VENTURE WITH YUHUA IN CHINA

摘要

Amberg, Germany - Grammer AG and Jiangsu Yuhua Automobile Parts Co. Ltd, an established Chinese supplier of parts for commercial vehicles and passenger cars, are setting up a joint venture to make truck and bus seats in China. Grammer will hold 60 percent of the new corporation, called Grammer Seating (jiangsu) Co. Ltd, which will be located in Jiarigyin, China. Yuhua has a 40 percent stake.