Koreans Consider Marine Propulsion Consolidation

Wednesday, December 08, 1999

Korea Heavy Industries and Construction Corp. said Daewoo Heavy Industries has expressed willingness to join it in a planned ship engine joint venture. A spokesman for the government-run machinery manufacturer said executives from Daewoo, Korea Heavy and Samsung Heavy Industries were due to meet to discuss Daewoo's proposal to join the venture.

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Marine Propulsion

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