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Eyeing China, ST Engineering Boosts Xiamen CFM56 JV Investment
October 01, 2014
Citing rising demand for maintenance, repair and overhaul (MRO) work in China, Singapore Technologies Engineering (STE) will invest some SG$26 million (U.S.$20.8 million) into its CFM56-7B engine maintenance joint venture (JV), Xiamen-based ST Aerospace Technologies (Xiamen) Company Limited (Statco)...
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