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KYMCO, Kawasaki Form Joint Venture
Officials with KYMCO and Kawasaki recently announced the signing of a joint venture contract to form a high-performance engine manufacturer, Changzhou Kawasaki and Kwang Yang Engine Co., Ltd.(CK&K), in China’s Changzhou National Hi-Tech District (CZND). The new company is expected to commence production in January 2010. Engines from CK&K will be mainly exported to the North American market and distributed around the world under the Kawasaki and KYMCO brands. Anticipated production volume will reach 890,000 units.
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