International Technologies Plans Joint Facility in China
- Share via
International Technologies in Thousand Oaks and the Illinois-based Hytel Group plan to set up a facility in China to manufacture electronics components.
The facility, which is expected to cost $8 million, is a joint venture with Dalian Daxian Group of Dalian, China. Once completed, the facility is expected to generate annual revenues of $16 million.
Daxian, one of the top 20 electronics companies in China, is publicly traded and has annual revenues of $400 million. Hytel provides assembly services to companies in the telecommunication, wireless, medical and automotive industries.
International Technologies specializes in China ventures and exports electronic components manufactured there to Europe.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
