Does anyone have any additional info regarding this excerpt from the report?

"In May 2009, we completed the formation of a joint venture. We have a 45% ownership interest in the new joint venture and made initial capital contributions of $0.7 million in June 2009 and $0.2 million in July 2009 as part of our total initial capital contribution of $0.9 million. We are also required to make additional capital contributions of $1.4 million to the joint venture. This venture will build a facility to manufacture, market and sell various products for the energy, utility and construction markets. This investment will be accounted for under the equity method of accounting as we have the ability to exert significant influence, but not control, over operating and financial policies."