Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Wemhoener of Germany Invests in Changzhou High-Tech Zone
Print
Changzhou, China, 18 June 2007 -- /Xinhua-PRNewswire/ -- Wemhoener (Changzhou) Machinery Manufacturing Co. Ltd. held a landing and opening ceremony in the Changzhou National High-Tech Zone, Jiangsu Province on 08 June.

The initial total investment in the company is USD 6 million and its registered capital is USD 4.5 million. It mainly produces complete wood equipment for processing composite floorboards, formed door boards, and cupboard boards. It is reported that this is the first overseas production and sales base of Wemhoener of Germany.

Wemhoener (Changzhou) Machinery Manufactury Co. Ltd is a wholly owned subsidiary of Wemhoener group in Germany. Wemhoener group is the largest manufacturer of complete wood equipment in the world and its total worldwide sales were USD 125 million in 2006.

At the opening ceremony, the chairman of Wemhoener donated the first scholarships of RMB 200,000 to the Xinbei District Charity Foundation and said, "From now on, we are a member of the Changzhou City instead of an 'outsider.' This donation only expresses our sincerity and we hope to give a little help to students who have difficulty attending school. We will continue to make donations in the future." On that day, the mother, sons and grandsons of the chairman of Wemhoener planted a maidenhair tree on the green land of the company, a symbol that the company would grow together with the long-living maidenhair tree.

Wemhoener is located in Herford in the north of Germany. Formerly another company of the city invested RMB 10 million in Xinbei District and established Schieder Furniture Co., Ltd. On the same day, Herford and the Changzhou High- Tech Zone (in Xinbei District) signed a letter of intent to forge a friendly relationship between them.

Source: Changzhou National Hi-Tech District


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: