Ryobi wins engine block order from SGM
To supply SGM from a production base in Dalian in China's Liaoning province, delivering 360,000 units a year by 2016
Japanese supplier Ryobi has won a supply order from Shanghai General Motors (SGM) for four-cylinder aluminium engine blocks, the Nikkei reports. The company will supply SGM from a production base in Dalian in China's Liaoning province, delivering 360,000 units a year to SGM by 2016. In order to meet the supply order, Ryobi will invest 2 billion Japanese yen (USD20.03 million) in its existing plant in Dalian to add seven large casting machines.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
