Grammer and Yuhua announce JV in China

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AMBERG, GERMANY (Jan. 2, 10:30 a.m. ET) — Automotive injection molder Grammer AG, based in Amberg, is setting up a joint venture with Jiangsu Yuhua Automobile Parts to manufacture truck seats in China.

Grammer Seating will hold 60 percent of the new Grammer Seating (Jiangsu) Corporation, while Yuhua will have a 40 percent stake.

The business will produce and distribute truck and bus seats in China.