Japan machine tool maker Kitamura launches Chinese sales arm
TOYAMA, Japan -- Japan's Kitamura Machinery said Monday that it has set up a sales unit in China to export high-precision machine tools, expanding its presence in the country.
Kitamura has already exported machine tools for auto parts to China. With the new subsidiary, set to start operating this month, it is targeting "areas that the Chinese government has bolstered through subsidies," according to a company representative.
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