Dynamic Products Corp, an Australian company that designs, manufactures and distributes the complete range of Ron Marks waterskis, wakeboards and action watersports products, has divested its production facilities in China to a prominent local company – Ningbo Osia Industrial Co Ltd.
As part of the transaction, Dynamic Products Corp has formed an ongoing allegiance with Ningbo Osia Co and its other affiliate company, Ningbo Wavedream Outdoor Products Co Ltd. The Chinese enterprise has two very substantial factory production locations – one in Ningbo, Zheijiang Provence and the other in AnQing, Anhui Provence. All Ron Marks waterskis and wakeboards are now under production in dedicated facilities at the AnQing factory. The balance of the company’s other watersports products are set for manufacture at the Ningbo factory.
Roger Zhang, a major shareholder and sales director of the Chinese company, stated that both he and his other company directors were delighted to have been given the opportunity to acquire the production assets of Dynamic Products Corp in China.
Zhang added that not only will his company manufacture the range of products as required by Dynamic Products Corp, but it will now also proceed with the production of private label orders from other customers around the world who wish to have their own exclusive brand name and/or graphics.
Founded by Ron Marks in 1964, Dynamic Products Corp exports to 63 countries and in recognition of its exceptional international sales achievements has been honoured by the Australian government with a special Export Award.