Boge Elastmetall and TMT

TMT: German auto parts maker ZF has sold the factory and its ancillary businesses to Chinese company TMT. The main shareholder TMT is CSR, a Chinese state-owned enterprise which is the world largest manufacturer of electric locomotives. In 2013, CSR earned 11.9 billion euros $15.31 billion and counted 90,000 employees, according to Deutsche Welle. Why the interest in this German company and It hot and loud on the factory floor of Boge Elastmetall, and it smells like a mixture of solvent, paint, and rubber. The company, located in Damme in Lower Saxony, develops car parts that most people have never heard of - but drivers would notice immediately if any of those parts were missing. Its components enable engines and chassis components to be mounted securely but flexibly, so that vibrations dont shake the car body. Connection to famous enterprises (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.