According to reports, Daimler AG (DAI.XE) announced on July 19, 2012 that it will invest approximately 135 million euros (about 1 billion yuan) in cooperation with Foton , a partner of the Chinese joint venture company, in Beijing. City builds a new truck engine factory. Daimler said that the new plant will be located in Huairou District, Beijing, and construction will start in the first half of 2013. It will be completed and put into operation in 2014. The Beijing subsidiary of Beijing Foton Daimler Automotive Co., Ltd., a joint venture between Daimler and Foton, will invest 135 million euros (1 billion yuan) in the new plant. After it is put into production in 2014, the new plant will manufacture the OM457 diesel engine for the Auman brand truck produced by Beiqi Foton Daimler with an annual production capacity of 45,000 engines. When the new plant is put into production, 40% of the engine parts will be produced in China, and the proportion of localization in the medium and long-term will increase to more than 65%. The new plant will produce the OM457 engine for the Auman brand truck produced by the joint venture company. At present, Mercedes-Benz trucks in Europe and Latin America use the OM457 diesel engine. PURE Refrigerant,PURE Refrigerant Gas,Refrigeration Gas,Refrigerant Gases QuZhou Bingcool Refrigerant Manufacture Co.,LTD , http://www.refrigerant-supplier.com