millreef, the factory in China is not a joint venture but a brand new plant built and owned 100% by MHI. The previous joint venture that was with the chinese forklift manufacturer Dalian was disolved at the time the new factory came online, and under the previous joint venture it was only for the supply of units to the Chinese domestic market.
There are a number of production shifts within the MCF organisation that have taken or are taking place at this moment.
The Cat brand is not going anywhere soon.
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