A renowned textile machinery manufacturer, the Japanese Tsudakoma announced its plans to set up a product plant in China. The new plant will be producing air-jet looms.
To start the plant, Tsudakoma Corp. established a joint venture with Jingwei Textile Machinery Co., Ltd. with the view of building the plant in the Shaanxi province.
The joint venture was set up with the share capital of 126 million RMB, in which Jingwei Textile Machinery Co., Ltd. holds 51 percent.
Photo: ZAX-9100 Air Jet Loom
The plant will focus on manufacturing the ZAX series of air-jet looms.
Source: http://www.tsudakoma.co.jp