Japanese baker Shikishima Baking Co. and local trading group Itochu are set to team up with Taiwan’s Wei-Chuan Foods Corp. to sell bread in China.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The companies plan to set up a venture in China and have proposed to build a bakery plant and start wholesale operations by 2010.
Construction of the plant will begin next year and the companies have targeted Shanghai as their first market.