Sauer-Danfoss bullish on China

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Hydraulics component manufacturer Sauer-Danfoss Inc., which has a major plant in Ames, announced plans to invest more than $100 million during the next four years in factories, office facilities and new products for China.

President and CEO Sven Ruder said the company expects its China sales to triple from approximately $300 million in 2010 to $900 million in 2015.