Shanghai Electric Elects to Assume Full Ownership of Goss

Chairman Xu Jianguo says that a 100-percent ownership of Goss International will create opportunities for Goss International and Shanghai Electric (Group) Corporation companies to pursue joint product development initiatives, integrate and enhance sales and support capabilities in some regions, and optimize manufacturing operations throughout America, Asia and Europe. “We look forward to welcoming the Goss International organization within our family of companies and to leveraging and building on the formula of continuous innovation and international expertise that has made it an industry leader,” Mr. Xu adds.