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ZF to form alliance with Shandong Haoxin Group to expand casting business
On August 22, 2012, the ZF Group and the Shandong Haoxin Group signed an agreement to form a business alliance. Based on the agreement, Shandong Haoxin will establish an additional production line to manufacture cast parts for 200,000 vehicles a year, which will be supplied exclusively to ZF. Operations are scheduled....
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