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The Industry Foundation of the Chinese city of Xiangtan, in the southern province of Hunan, Geely-backed GLy Capital and South Korea's Mirae Asset also participated in the capital raise, according to the statement.
“Currently, thousands of tradespeople are sitting idle and unable to work due to this strike action,” wrote seven large general contractors, including GLY, Sellen and Turner, in a letter to both sides Wednesday.
Contractor GLY did not return a request for comment.
The state Department of Labor and Industries faulted and fined GLY, Northwest Tower Crane and Morrow for failing to adequately supervise the crane disassembly, train workers and follow manufacturer procedures.
The state Department of Labor and Industries faulted and fined GLY, Northwest Tower Crane and Morrow last autumn for failing to adequately supervise the crane disassembly, train workers and follow manufacturer procedures.
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