Austem, POSCO to form joint venture in Wuhan, China
Austem announced that the company and POSCO, a Korean steel manufacturer, will establish a production joint-venture in Wuhan City, Hubei Province, China. The joint venture will be called POS-AUSTEM Wuhan Automotive Co., Ltd. It will serve as the two companies' supply base for the Wuhan Plant of Shanghai GM. The joint....
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