GE plans avionics venture with Chinese firm
General Electric announced Sunday it will form a 50-50 joint venture with China Aviation Industry Corp. I to build avionics systems for new commercial aircraft. GE hopes to launch the venture by the middle of next year, promising to create some 200 jobs at its plant in Grand Rapids, Mich.
Bloomberg
| 11/15
This story published in AIA dailyLead® on 11/16/2009
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