New venture to produce MTU diesel engines
By Wang Wen | China Daily | Updated: 2016-02-23 08:52
Yuchai Machinery and German firm will invest 150m yuan in the project
Guangxi Yuchai Machinery Co Ltd, a major diesel engine manufacturer based in Yulin, Guangxi Zhuang autonomous region, has entered a 50-50 joint venture with MTU Friedrichshafen GmbH, a subsidiary of Rolls-Royce Power Systems, for the production of MTU diesel engines in China.
The companies will invest 75 million yuan ($11.5 million) each in the project. Production is expected to start in 2017 with an annual output of 1,500 MTU Series 400 diesel engines.
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