HEYE-Erasteel Innovative Material
An enterprise solely owned by Eramet Group, registered in Tianjin Economic and Technological Development Zone in Sept. 2006.
The factory was officially put into production and started selling products in Nov. 2007.
The total investment was USD15million. The registered capital was USD8million, and increased up to USD9million in 2011.
In 2012, Eramet Group and Heye cooperated, and the Company was changed to a joint venture, with the registered capital increased up to USD18million.
The factory is located in the western area of Tianjin Economic and Technological Development Zone.
The Company produces and sells high-speed steel products, which are mainly used for cutting and cutters.