Contact Us
Rutherford Daily Voice serves Carlstadt, East Rutherford & Rutherford

Menu

Rutherford Daily Voice serves Carlstadt, East Rutherford & Rutherford

Nearby Towns

business

Carlstadt's Jinpan Acquired By British Virgin Islands Based Firm

Power distribution product producer Jinpan International has agreed to merge with a firm in the Virgin Islands.
Power distribution product producer Jinpan International has agreed to merge with a firm in the Virgin Islands. Photo Credit: jinpaninternational.com

CARLSTADT, N.J., --  Carlsdadt's Jinpan International Limited a designer, manufacturer, and distributor of cast resin transformers will merge with FNOF E&M Investment Limited and Silkwings Limited of the British Virgin Islands.

When the merger is completed,  each of the Company's common shares issued and outstanding will be sold for  $6 each.

The merger, if approved is expected to close in the first half of the year.

to sign up for Daily Voice's free daily emails and news alerts.

Welcome to

Rutherford Daily Voice!

Serves Carlstadt, East Rutherford & Rutherford

This is a one time message inviting you to keep in touch

Get important news about your town as it happens.