QINGDAO — U.S.-based Brown & Sharpe Mfg. Co. enters into an existing joint venture, previously called QI-Tech, with Indivers B.V. of the Netherlands and Qindgao Qianshao Precision Machinery Corp. for the sale, design and manufacture of local and imported coordinate measuring machines used in the automotive industry in China. Brown & Sharpe will take a 60% ownership stake in the newly renamed Brown & Sharpe/Qianshao joint venture, headquartered in Qindao, Shandong province, on ...

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