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India-based PCL invests USD 30 million to produce camshafts for GM in Brasil

On February 22, Indian auto parts maker Precision Camshafts Limited (PLC) announced that it will invest USD 30 million (BRL 97.85 million) to build a factory in Santa Gertrude, Brazil.
The new plant, which is the company’s first in the Western Hemisphere, is due to begin camshaft production at the end of 2018.
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