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Nifco sets up new manufacturing subsidiary in Georgia, U.S.
Nifco Inc. announced that its German subsidiary, Nifco KTW GmbH, has established a new company in Georgia, USA. The new subsidiary, Nifco KTW America Corporation, will manufacture and sell plastic parts for automobiles. It is capitalized at USD 200 million (JPY 2.4 billion), of which 90% was provided by Nifco KTW and....
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