![Shawmut's Joint Venture with Dejun](https://shawmutcorporation.com/wp-content/uploads/2023/05/JV-Social-Post.jpg)
Shawmut Secures Direct Stake in China Production Operations through Joint Venture Agreement with Dejun Textiles
(CISION PRWeb) – Shawmut LLC and Zhejiang Dejun New Material Co., Ltd. announced an agreement to form an exclusive equity joint venture to produce Shawmut’s market-leading automotive interior fabrics in China. The JV is a continuing step in the 10-year long-term strategic relationship between Shawmut’s Asia operations and Dejun.