Sungwoo Hitech establishes subsidiary in Mexico  [ Mexico ]

Sungwoo Hitech announced that it has established Sungwoo Hitech Mexico S.A. de C.V. in Mexico. The new company is owned 70 percent by Sungwoo Hitech. It will produce automotive body components for Kia Motors' new vehicle assembly plant in Mexico that is scheduled to go into production in 2016. (From a press release on November 25, 2014)
<Nov 25, 2014>