When a small power-equipment company in Denver was purchased by a Chinese firm last month, the news received some attention and speculation in regional news media.
But an industrial announcement event Thursday morning for Chongqing-based RATO that is being held at Verdict Ridge Country Club in Denver in conjunction with the Lincoln Economic Development Association (LEDA), may indicate a much larger-scale project is in the works.
According to invitations sent out to area media and others this week, the event will “celebrate the launching of the RATO North American Headquarters.”
RATO specializes in building small engines and related products. Itâ€™s unknown whether its plans include a substantial number of additional jobs or expansion for the former Denver Global Products facility, located on Pilotâ€™s Knob Road.