KUALA LUMPUR: Globaltec Formation Bhd's wholly-owned subsidiary AutoV Corp Sdn Bhd has partnered Blue Breeze Sdn Bhd for the joint ownership and operation of a joint venture company to undertake the assembly and sales of leaf springs with the support of China-based Jiangxi Hongli Auto Parts Co Ltd (JHXL).
The assembly of leaf springs, a key component in the heavy vehicle suspension systems, marks Globaltec's entry into the commercial vehicle component segment.
