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Friday, April 30, 2010 5:22:31 PM
Edit: I had the wrong AMEC, is it this one?
http://www.thefreelibrary.com/China+:+Strategic+Alliance+Between+Turbine+Truck+Engines+and+AMEC+...-a0206568459
Aerospace Mitsubishi is a joint venture (JV) between five companies from China, Japan, and Malaysia. AMEC's sister corporation, China Aerospace Automotive Industry Group (Aerospace Automotive), has a 30% stake in the JV, and Aerospace Automotive will be the channel through which AMEC will access Aerospace Mitsubishi resources. AMEC intends to develop 150 and 400 horsepower versions of the DCGT. Once developed, the engine will be manufactured in Aerospace Mitsubishi's state-of-the-art engine assembly plant. The plant is already producing 100,000 engines annually, and is expected to reach 15 million units annually when the facility is complete.
AMEC and Aerospace Automotive are wholly owned subsidiaries
( CASIC Computer assisted survey information collection CASIC Combined All-Source Intelligence Center
CASIC (www.casic.com.cn) is one of the largest state owned enterprises in China and employs more than 100,000 people, over 40% of which are technical and engineering personnel. CASIC is comprised of seven research institutions, two manufacturing bases, and several production enterprises. Of the 150 CASIC subsidiaries, six are publicly traded companies publicly traded company on the Hong Kong and China Exchanges. The corporation is responsible for the development of China's space program and is considered the most technically advanced enterprise in China.
Michael Rouse, President and CEO (1) (Chief Executive Officer) of TTE, is in China for high-level meetings with AMEC officials, and he observed, "AMEC's access to Aerospace Mitsubishi's resources will speed the process to which we are mutually committed, and I am excited about the implications of this development for all TTE and AMEC stakeholders."
http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla%3Aen-US%3Aofficial&q=amec+china+aerospace+CASIC&aq=f&aqi=&aql=&oq=&gs_rfai=
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