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Chinese International Cooperating Company
Southampton, PA – March 17, 2008 – Princo Instruments, Inc. (Princo)
is pleased to announce that it has entered into an International
Cooperating Company agreement with
Shanghai Xiongfeng Automation Control Engineering Company Ltd.
(Xiongfeng).
The
International Cooperating Company
will be located in Shanghai, China and its name will
be Princo Shanghai Instrumentation Company Ltd.
According to Mr. Paul Waser, CEO of Princo Instruments, Inc., the
International Cooperating Company
will take advantage of Xiongfeng's local sales/marketing
abilities in the Chinese market and Xiongfeng's strength in
operating production facilities in Shanghai and Princo's advanced
proprietary technological and manufacturing know-how and processes
to produce, assemble, test and package process level
instruments in accordance with Princo quality standards.
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