TURIN, Italy (Nov. 27)—Italian rubber product maker Saiag S.p.A. has signed a deal to make hydraulic hose in China with Chinese firm Shenyang No. 4 Rubber Factory. Saiag´s hose-making subsidiary ITR S.p.A. will invest $3.7 million to set up a plant to make hydraulic hose in Shenyang with SRP. Saiag will have 51 percent of the joint venture, called ITR-Saiag-Shenyang Rubber Products. Total investment in the venture will be $12 million. ITR will contribute what Saiag calls "technologically advanced equipment and know-how," while SRP will put all of its hose, fittings and assembly activities into the operation. It also will contribute its sales network, which Saiag said covers, "the entire country."