Balda AG adds metal form parts to its production portfolio of housing components. The specialists in precision plastic parts will produce punched metal parts and die-cast components in a joint venture with Taiwanese company AVY Precision Technology Inc. AVY is part of the ABICO Group, and already produces metal housing parts for digital cameras at its Chinese plants in Suzhou and Dongguan. The contract signed today secures for Balda 60 % of the shares in the new joint venture with a registered capital of 100,000 US dollars. The contractual partner is the Balda Holding Company in Singapore. Initially the enterprise
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