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Shandong Ruyi acquiring industrial building in US

27 Mar '17
1 min read

One of China's biggest textile and apparel manufacturer's, Shandong Ruyi Technology Group is in the process of acquiring a property cum industrial building in Arkansas, USA to produce, warehouse and distribute several textile products. The location is currently owned by Sanyo Manufacturing in Forrest City, where it used to manufacture televisions.

Arkansas media reported the news quoting a property development decision document filed with the Arkansas Department of Environmental Quality. (AR)

ALCHEMPro News Desk – India

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