U.S. Pump Giant Shijiji Enters Binhai New Area
A few days ago, the acquisition ceremony of the US-based Dover Group's Baekje Pump Group and Tianjin Binhai High-tech Zone Enterprise Tianjin Reid Screw Pump Manufacturing Technology Co., Ltd. was held at Ryder Company. The transfer of the business license was held by the persons in charge of the Bustek Pump Group and the Reid Company, and the relevant departments of the High-tech Zone were responsible for the participation of the comrades.
Tianjin Reid Screw Pump Manufacturing Technology Co., Ltd. is a high-tech enterprise established in Binhai High-tech Zone in 1999, engaged in research, development, production, sales, and service of twin-screw, triple-screw, and twin-screw mechanical products. Its products are widely used. Petroleum, chemical, metallurgical and other industries achieved sales revenue of 46 million yuan in 2010. U.S. Dover Group is a leading global diversified industrial company listed on the New York Stock Exchange. It has approximately 250 production sites worldwide and employs more than 34,000 people. Dover Group's sales in 2010 amounted to US$7.1 billion. It includes four business units: industrial products, engineering systems, fluid management and electronic technology. The Dover Group has more than 30 subsidiaries, most of which have entered China and have expanded their businesses. They are located in Shanghai, Beijing, Tianjin, Suzhou, Shenzhen, Weifang and Haimen, and have established offices in Shanghai and Beijing. Asia Pacific Office.
It is understood that Bugsy Pump Group is a wholly-owned subsidiary of the Fluid Management Business Unit of Dover Group. It has branches and offices in more than 30 countries and employs more than 1,000 people. U.S. Dover Group implemented the acquisition of Reid through the Pump Group. It is expected that Reed will achieve sales revenue of about RMB 200 million within three years after completion of the acquisition and will achieve sales revenue of RMB 300 million within five years, becoming the world’s largest screw. Pumps specializes in manufacturing and sales companies.
Tianjin Reid Screw Pump Manufacturing Technology Co., Ltd. is a high-tech enterprise established in Binhai High-tech Zone in 1999, engaged in research, development, production, sales, and service of twin-screw, triple-screw, and twin-screw mechanical products. Its products are widely used. Petroleum, chemical, metallurgical and other industries achieved sales revenue of 46 million yuan in 2010. U.S. Dover Group is a leading global diversified industrial company listed on the New York Stock Exchange. It has approximately 250 production sites worldwide and employs more than 34,000 people. Dover Group's sales in 2010 amounted to US$7.1 billion. It includes four business units: industrial products, engineering systems, fluid management and electronic technology. The Dover Group has more than 30 subsidiaries, most of which have entered China and have expanded their businesses. They are located in Shanghai, Beijing, Tianjin, Suzhou, Shenzhen, Weifang and Haimen, and have established offices in Shanghai and Beijing. Asia Pacific Office.
It is understood that Bugsy Pump Group is a wholly-owned subsidiary of the Fluid Management Business Unit of Dover Group. It has branches and offices in more than 30 countries and employs more than 1,000 people. U.S. Dover Group implemented the acquisition of Reid through the Pump Group. It is expected that Reed will achieve sales revenue of about RMB 200 million within three years after completion of the acquisition and will achieve sales revenue of RMB 300 million within five years, becoming the world’s largest screw. Pumps specializes in manufacturing and sales companies.
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