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| Saturday, August 30, 2008 06:01:30 |
Midea joins Carrier in Guangdong air conditioner plant
Guandong Midea Electronic Appliances Co (000527.SZ) has established an air conditioner manufacturing joint venture with Carrier Corp, the world’s largest maker of heating, ventilation and air-conditioning equipment and refrigeration systems, in southern China’s Guangdong province, China Business News reported. Carrier is a subsidiary of diversified manufacturer United Technologies Corp (UTX.NY), providing around 27% of its sales. The venture, ...
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