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January 19, 1987

MACHINE TECHNOLOGY IN JOINT VENTURE WITH NIIGATA ENGINEERING

By CBR Staff Writer

Machine Technology Inc, Parsippany, New Jersey, has signed a letter of intent for a joint venture with Niigata Engineering Co Ltd of Tokyo for the manufacture and marketing of semiconductor manufacturing equipment in Japan: the venture is to be called Niigata MTI Co Ltd, and will be equally owned.

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