The Nordic Business Report reports that Norwegian energy and materials group Norsk Hydro has said that its 49%-owned die cast automotive components company Meridian Technologies Inc had entered into a joint venture with SCAAC, a subsidiary of Shanghai Automotive Industry Corporation.
The joint venture was Meridian’s first strategic expansion into the Asia-Pacific region, Norsk Hydro said.
Meridian’s other owner is Teksid SpA.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Auto Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
