Metso Enters Joint Venture with SAC
Tuesday, August 23, 2011
Metso is joining forces with SAC, Guodian Nanjing Automation
Co., Ltd (previously State Automation Company), to strengthen its position in
the power automation control systems market in China. The new joint venture
will concentrate on developing the digital power plant concept focusing
especially on the Chinese market.
Metso will own 33 % and SAC will own 67 % of the joint