NetComposites

Connecting you to the composites industry

Advertisement

Boeing-Invested Company Starts Construction in Tianjin

  • Tuesday, 18th July 2000
  • 0 comments
  • Reading time: less than a minute

A Sino-US company producing composite material parts for the aviation industry started construction work today in this north China port city. Three investors, Boeing, US Hexue, and the China Aviation Industry No.1 Group, shared the total investment of 52 million U.S. dollars. All the company’s raw materials will be imported, and all its products in the initial period will be sold abroad. The company, located in the Tanggu Maritime New and High-tech Zone of Tianjin, will be equipped with the most advanced production and testing equipment, and key engineering and management staff members will undergo training programs in the U.S. The quality test standard is to be introduced from Boeing. With registered capital of 20.01 million U.S. dollars, the first-stage construction site is some 6,000 sq m, and is expected to go into operation in July 2001. The annual sales volume is estimated at around 50 million U.S. dollars. Ken Yata, deputy CEO of Boeing, and Dave Tanonis, CEO of Hexue, attended today’s ceremony.


For more information visit:


Share this article


More News


Comments (0)

Sign in or create an account to join in the discussion.

Leave your comment

Advertisement

Upcoming Events

Advertisement

Advertisement

Advertisement

Follow us
Subscribe to our email newsletter

Subscribe to receive our weekly round-up of all the industry's latest news, jobs, events and more!

We'll always keep your personal details secure and will never share them with third parties for marketing purposes. You can unsubscribe at any time. For further details on how we may use your data, please visit our Privacy Policy.