Xuzhou Handler Pens USD32 Million Deal to Manufacture for National Defense Supplier
Tang Shihua
DATE:  Dec 26 2017
/ SOURCE:  Yicai
Xuzhou Handler Pens USD32 Million Deal to Manufacture for National Defense Supplier Xuzhou Handler Pens USD32 Million Deal to Manufacture for National Defense Supplier

(Yicai Global) Dec. 26 -- Chinese plant machinery maker Xuzhou Handler Special Vehicle Co. has struck a deal to provide equipment worth CNY208 million (USD32 million) to one of the national army's suppliers.

The firm's wholly owned unit Shanghai Graman International Fire Equipment Co. penned the contract with the Army Armament Department, the company said in a statement on Dec. 25. The pair agreed to complete the delivery of the contract by Dec. 20, 2018.

The manufacturer did not disclose details about the products it will supply, simply referring to it as "equipment." However, it explained in a follow-up note that the subsidiary opened a fire engine production base at the end of September, and this would help it meet the contract requirements.

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Keywords:   Army,Defense,Military,Fire Engine,Xuzhou Handler Special Vehicle