Brief: Kitagawa Iron Works to set up industrial unmanned aircraft JV

Kitagawa

20/04/2018 08:32

April 20 (Reuters) - Kitagawa Iron Works Co Ltd  6317.T  
    
    * Says it will set up a Hiroshima-based JV which will be
engaged
in sale, development and manufacture of industrial unmanned
aircraft, in July 
    * The JV will be capitalized at 90 million yen 
    * Says it will hold 90 percent stake in the JV 

    
    Source text in Japanese:https://goo.gl/zQ9eMZ
    Further company coverage: 6317.T 

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