Chinese investment for West Midlands firm

Posted on 20 Nov 2015 by Fred Tongue
1 - Greg Devine and Martyn Wheeler (both CAD CAM Automotive), Ms. Huang Lixin (member of standing committee of Jiangsu Province and Party Secretary of Nanjing City) and Mr. Yang Shou Hai (president of Red Sun Group)

China Red Sun Group and CAD CAM Automotive have agreed a multi-million pound investment deal.

CAD CAM Automotive (CCA) and China Red Sun Group have agreed a multi-million pound deal that paves the way to creat 1,000 new jobs. Over the next five years an investment of £300m will be made with an initial investment of £50m on a new energy and new power complete vehicle research centre. The deal…

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