US auto parts supplier Delphi Corp. (Delphi Automotive) 2011 Nian 5 Yue 25, said that the company has filed with the US Securities and Exchange Commission IPO (initial public offering) applications. The company said that the size of the IPO IPO financing is estimated to be up to 100 million U.S. dollars, and the funds will be used to repay debt and purchase fixed equipment. Reuters quoted informed sources as saying that Delphi has hired JPMorgan Chase and Goldman Sachs Group to assist in its IPO activities and will appoint four banks, including Barclays Capital, Deutsche Bank, Citigroup and Bank of America Merrill Lynch, to join their IPO activities. Account book manager, the company is expected to start IPO activities as early as the third quarter of this year. Delphi Automotive, originally a subsidiary of General Motors Corporation of America, is still a major supplier of automotive components to the US automotive market. The company stepped out of bankruptcy and restructuring in October 2009. After Delphi repurchased shares of the company from former parent company General Motors and the United States Federal Pension Insurance Company (PBGC), creditors including Silver Point Capital LP and Elliott Management acquired a nearly 3.5 billion U.S. dollar non-performing loan at the end of 2009. Delphi Motors, and invested 900 million U.S. dollars in it. It is reported that, as of the three months ended March 31, 2011, Delphi’s net profit increased from US$215 million in the same period last year to US$291 million. Net sales soared 17% to $4 billion. Copper conductive rate is very good,Machining Copper(including Machining Brass,machining bronze) is the use of CNC machining out, including turning, drilling, cutting, and screw teeth, etc.. Machining copper commonly used materials: copper, brass, bronze, beryllium copper. the surface treatment is generally silver plating, gold, some laser LOGO, we have a special inspection department to carry out inspection, and ensure that each size to meet the requirements of the drawings, including machining copper applied in various industries: household appliances, conductive slip ring, communications, medical equipment, industrial automation equipment. Machining Copper Machining Copper,Machining Beryllium Copper,Micro Machining Copper,Electrical Discharge Machining Copper,Copper Machining Buildre Group Co., Ltd. , http://www.bldcncmachining.com