MECHETRONICS boss Mitchell Wolfe has been the driving force behind a meeting between technology companies from different sides of the globe.
Mr Wolfe has just returned from Hong Kong, where he hosted a meeting between managing directors from companies in China and Germany.
Mechetronics, at Bishop Auckland, County Durham, designs and manufactures solenoids, used in vending machines, air-brake systems and cashpoint machines all over the world.
It has partners across the world, including Freewood industrial, in the Far East, and Magnetbau Schramme, in Germany.
Mr Wolfe said: "We all make solenoids, but our products are complementary, rather than competing.
"We decided to hold a meeting of the three companies, to generate ideas about developing a new range of hydraulic solenoids which will be made in China, but marketed throughout the world."
Mr Wolfe, Hardy Grandl, of Magnetbau, and Stephen Kwok, of Freewood, met in Hong Kong
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