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November 17, 2008

Diamond Chain Enters Joint Venture With KMC

By MDM Staff

Power transmission manufacturer Diamond Chain Co., Indianapolis, IN, has entered into a joint venture with China-based KMC, a roller chain supplier and longtime strategic partner of Diamond Chain.
 
The joint venture, Diamond (Weifang) Power Transmission Company, will be based in Weifang, Shangdong Province, China, and will expand Diamond Chain’s global operations and position for growth around the world. The companies initially will consolidate manufacturing of Diamond’s Sapphire brand and ISO standard product lines in Weifang.
 
Diamond Chain Company is a division of Amsted Industries.

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