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Flow International completes minority investment in Dardi

Source:     Date:2009-02-12
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Flow International Corp., a developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, has completed its $2 million purchase of a minority ownership position in Dardi International Corp., a waterjet manufacturer in China. Flow announced its intent to purchase the minority position in November 2008, having previously introduced Dardi as the new supplier of its economy segment product line. By establishing a minority equity position, Flow has formalized its relationship with Dardi. "We believe this enhanced relationship with Dardi will improve access to Dardi's low cost manufacturing, products, and distribution base in China," said Charley Brown, Flow's president and CEO. "We believe this small investment will enhance our competitive position in China and the rest of the world."Womens Running Shoes

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