WABCO forms joint venture with Fuwa

December 2008
Trailer / Body Builders;Dec2008, Vol. 50 Issue 2, p12
Trade Publication
The article reports on the signing of a letter of intent by WABCO Holdings Inc. with GuangDong Fuwa Engineering Manufacturing Co. Ltd., a manufacturer of commercial trailer axles, to form a joint venture for production of air discs brakes in China. Under the terms of the agreement, WABCO Holdings will have greater holding in the joint venture. The deal is expected to be finalized by the end of 2008.


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