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Toyo Tire & Rubber dissolves Chinese joint venture for urethane products
Toyo Tire & Rubber Co., Ltd. announced that it has sold its entire 60 percent stake in its Chinese joint venture, Toyo TGPM Automotive Parts Foshan Co. Ltd. (TAF), to its joint venture partner, Guangdong TGPM Automotive Industry Group Co., Ltd. The joint venture, which was established in December 2012, manufactures a....
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