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Product Development Joint Ventures

  • We occasionally enter into joint ventures where the venture represents an acceptable risk and return on investment.  The Truck Tire Casing inspection machine featured in this website is a joint venture product developed in cooperation with Oliver Rubber Company.  We manufactured 132 of these machines before Oliver Rubber was the subject of a takeover.  This resulted in our exclusive ownership of the product.  This venture was a success for both parties.  The Oliver people were excellent to deal with and we truly regret losing them as a business partner.

 

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