J-Star Holding negotiates acquisition of Houston-area facility
The company says it is advancing a U.S. drone manufacturing initiative and negotiating to acquire a facility in the Greater Houston area.
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12:34:51 PM UTC
SquawkNews
Company is Organizing an Independent Texas-based Manufacturing Platform, Contributing Proprietary Composite Technology and Engineering Expertise to Support Planned U.S. Drone-Frame ProductionStrategic Real Estate Negotiations Anchor High-Precision Automated Carbon Fiber Drone Frame Production Footp…
12:35:12 PM UTC
SquawkNews
J-Star Holding Co., Ltd. said it is negotiating to acquire a Greater Houston manufacturing facility to anchor YMA (TX) INC., a U.S. platform for potential joint ventures to produce carbon fiber drone frames. Closing remains subject to final negotiations and due diligence.Material DetailsContext by…