Japanese yellow goods producer
Sumitomo Heavy Industries is to open a machinery leasing company in
China.
The new company will be based in
Shanghai and will be set up with $20m (€13.9m) of capital.
The new leasing company will offer
financing for construction machinery in order to keep up with
growing local demand.
Leasing in China was previously offered by Sumitomo with the
assistance of local financial institutions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData