24 Jan 2019
Qingdao, China – Doublestar has formed a joint venture with two Chinese partners, machinery maker Inner Mongolia First Machinery Group and investment firm Huatong Group.
Called Qingdao Kaishi Specialty Rubber, the JV is to build a manufacturing site targeting military applications such as aircraft and other tires, tracks and sealants, said a Doublestar’s announcement.
Huatong Group already has an affiliate, Qingdao Kaishi Sealing Industry, with 40 years’ experience in the design and manufacturing of sealing products, added a statement on Doublestar’s website.
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