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Mexico-based Nemak invests USD 60 million to produce new transmissions
Nemak announced that it is investing USD 60 million in several facilities through 2017 as it prepares for more than 20 new programs set to begin production in the next year. Nemak executive Tom Bair said the company’s growth is being driven by a shift to eight-, nine-, and ten-speed transmissions among OEMs. (From a ....
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