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[2morrowsGains]

KHDH...New Chinese subsidiary...

Anyone notice this from the 8/15/05 earnings PR? (Wonder if this has anything to do with KHD Humboldt's employee count jumping from 700 to over 900 between April and August of this year*)...

"The Company has recently expanded its operations in China with the establishment of a 70 percent owned engineering and manufacturing subsidiary, Tianjin Humboldt Wedag Liyuan Machinery & Technology Ltd., in Tianjin, China. KHD is now able to offer its technologies and products to the Chinese and other Far East markets through these lower-cost platforms."

There's definitely growth here!

*KHD had 650 employees worldwide last year. The 20F filed in April stated KHD had in excess of 700 employees, and the Q2 results filed in Aug, stated KHD had in excess of 900 employees.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/08-15-2005/0004088119&...