Content about Joint Venture

June 19, 2014

Irving, Texas-based PrimeSource Building Products has announced the acquisition of Progressive Steel and Wire. In doing so, the building material distributor says its paved the way for more U.S. jobs.

PSW was previously part of a joint venture between Dubai Wire and PrimeSource, but with PrimeSource now taking 100 percent ownership and control, the company says it intends to bring nail and wire product manufacturing back to the US, creating new local jobs.

September 17, 2013

AGCO is teaming up with Russian Machines on a new joint venture involving the manufacture and distribution of agricultural equipment in Russia.

Operations are expected to begin in early 2014 at a facility in Golitsyno, near Moscow. Together, the two companies will have equal ownership and will invest approximately $100 million over the next three years. The vision involves AGCO bringing more of its high-tech products to Russia, with Russian Machines facilitating production and local business development.

March 10, 2008

Toll Brothers, one of the nation’s largest home builders, has warned of what could be...