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Sungwoo Hitech to invest in Mexican manufacturing subsidiary
Sungwoo Hitech Co., Ltd. (Sungwoo Hitech) announced a plan to invest KRW 23 billion (about JPY 2.16 billion) in Sungwoo Hitech Mexico S.A de C.V, a subsidiary of Sungwoo Hitech. The South Korean company won a new order for vehicle body parts and battery cases for electric vehicles (EVs) from GM's North American plant....
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