Infinity Group Adds $18 Million For Harbin No. 1 Tools

Tel Aviv-based Infinity Group led an $18 million investment in China’s Harbin No. 1 Tools Manufacturing Company. Harbin is based in China’s Heilongjiang Province, and develops complex cutting tools. The new round of financing is designed to bolster the company’s technology. Infinity Group has more than $700 million under management.

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