Yile Holds A Press Conference About The New Factory in Tianjin
On June 2,2005,the Italian Yile group holds a press conference about the new factory in Tianjin at Beijing Kempinski Hotel.. The vice-minister of ministry of industry of Republic of Italy On. Mr. Adolfo Urso,the head of?Tianjin Jixian CiShucheng,Tianjin Ji Xian Political Consultative Conference vice-president XianShutang as well as the board chairman of Italian Yile group Mr. Valerio Gruppioni attends the press conference.
In the conference,Mr. Valerio Gruppioni introduces their new factory having been built in Tianjin. The Italian Yile group抯 household aluminium alloy radiator goes into production in Tianjin on May 25,2005. Its Chinese factory is named as 揧ile Tianjin Radiator Limited Company? The factory is located in the economic development zone of Tianjin Jixian. Yile group has invested 4 million euros to be the start fund for the new factory.
Mr. Valerio Gruppioni presents the reason that Yile group chooses to build their factory in China.?They want to enhance their production competitive power by means of taking the advantage of relatively low cost of production and labor power.
?/P>
