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BRIEF-SFS Group establishes manufacturing platform in China
May 16, 2017 / 4:58 AM / 4 months ago

BRIEF-SFS Group establishes manufacturing platform in China

May 16 (Reuters) - SFS GROUP AG

* ESTABLISHES MANUFACTURING PLATFORM IN CHINA

* WILL INVEST USD 35 MILLION IN CHINA OVER NEXT TWO YEARS AS PART OF ITS EXPANSION PLAN AND IN ORDER TO CONSOLIDATE SOME OF SFS GROUP‘S OPERATIONS IN CHINA

* CONSTRUCTION OF THE NEW SITE WILL TAKE PLACE IN STAGES AND IS SCHEDULED FOR COMPLETION IN 2019 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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