October 23, 2012
Denver Global Products Inc., a subsidiary of Chongqing Rato Power Co. Ltd., Chongqing, China, will establish its manufacturing, distribution, and R&D facilities in North Carolina. The company plans to create 450 jobs over four years and make a capital investment of $30.2 million.
Rato manufactures and distributes thermo-power products and general-purpose engines for all-terrain vehicles, motorcycles, water pumps, and generators. The new facility will accommodate the company's administrative sales, manufacturing, distribution, and R&D operations.