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四川腾中重工(in Chinese, Sichuan Tengzhong Heavy Machinery) The little known Chinese Co. who bought Hummer brand from GM yesterday (News: Bloomberg; Reuters; Tengzhong web site). Quote Reuters:
Tengzhong, formed in 2005 through several mergers, makes special-use vehicles such as dump trucks and fuel tankers, as well as construction machinery, energy equipment, and structural components for highways and bridges.
It has 4,800 employees, according to its website, about the same as Changfeng. The site does not disclose any financial data.
(Special Vehical made by Sichuan Tengzhong, full size pic here. From the pic it appears Tengzhong is OEM maker for SinoTruk 中国重汽)
Why Tengzhong bought Hummer?
Continue reading Who is Sichuan Tengzhong?