APALT announced its plan on Dec. 9 to increase its capital by over 567 million yuan ($86 million) to one of its subsidiaries for the expansion of its plant in Nantong City, Jiangsu Province. The company is adding a new extrusion production line with an annual capacity of 40,000 tons to meet the growing needs of lightweight vehicles.

Headquartered in Wuxi, Jiangsu Province, APALT is a listed company in Shenzhen Stock Exchange and one of the major manufacturers of aluminum extrusions for automotive industry.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s