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Shanghai Mechanical Electrical Industrial Investment Corp

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BUSINESS
November 16, 1995
GM Unit, Chinese Firm Form Joint Venture: General Motors Corp. said its Delphi Automotive Systems unit and Shanghai Mechanical & Electrical Industrial Investment Corp. will build automotive batteries in Shanghai, China. The joint venture will be named Shanghai Delco International Battery Co., and GM will own a majority stake in the company. Shanghai Delco is expected to produce 1 million maintenance-free batteries a year at a plant to be built in the Pudong area near Shanghai.
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BUSINESS
November 16, 1995
GM Unit, Chinese Firm Form Joint Venture: General Motors Corp. said its Delphi Automotive Systems unit and Shanghai Mechanical & Electrical Industrial Investment Corp. will build automotive batteries in Shanghai, China. The joint venture will be named Shanghai Delco International Battery Co., and GM will own a majority stake in the company. Shanghai Delco is expected to produce 1 million maintenance-free batteries a year at a plant to be built in the Pudong area near Shanghai.
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