| (DALIANNEWS) – Phase II of the International Metal Cutting Co., Ltd. (IMC) Dalian plant has met the finishing part after half-a-year construction, said Dalian Daily today.
It’ll be put into operation in Septermber this year, reported the paper.
The company, stock held by Warren Buffett, will be IMC’s largest base manufacturing special knife for space navigation and automobile industry in Aisa.
With a total investment of US$27.85 million for Phase II, IMC started operation last October and poured another US$57 million into Phase II.
Located at the Development Zone (Kaifaqu), the Dalian plant will produce two million alloy knives each year with revenue of 30 million RMB yuan. Ninty per cent of the products will export to other countries. | 
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