Providing turnkey solutions in the areas of power, steel and other industrial infrastructure-related activities, McNally Bharat Engineering (MBE) has recently signed a memorandum of understanding (MoU) with KHD Humboldt Wedag International GMBH and its subsidiaries in Germany, India and Hong Kong. MBE is to buy their engineering workshop in Germany as well as their coal and mineral technology (CMT) business in Germany, India, South Africa, Russia and China.
This article was originally published on July 23, 2009.