Kawasaki and Kymco Enter Partnership
August 5th, 2009 4:36 PM
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New company to produce gasoline engines
Kawasaki Heavy Industries and Kymco have signed a joint-venture contract to produce high performance general gasoline engines.
Under the terms of the contract, Kymco and Kawasaki will invest $10 million to form Changzhou Kawasaki and Kwang Yang Engine Co., Ltd.(CK&K) in the Changzhou National Hi-Tech District. Production is expected to begin next January.
Products of the newly formed CK&K will mainly be exported to North America and distributed around the world under the Kawasaki and Kymco brands. Products will include leaf blowers, power lawnmowers, tree-dozers, pruners, small generators, water pumps, and road cutting machines.
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