BRIEF-Tederic Machinery Plans To Set Up Unit For Manufacturing Base Project

Feb 26 (Reuters) - Tederic Machinery Co Ltd:

* SAYS IT PLANS TO SET UP UNIT FOR MANUFACTURING BASE PROJECT WITH INVESTMENT OF 100 MILLION YUAN ($14.26 million) Source text in Chinese: Further company coverage: ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)