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Sungwoo Hitech to add investment in US subsidiary
Sungwoo Hitech Co., Ltd. (Sungwoo Hitech) announced an additional investment of KRW 22.36 billion (JPY 2.17 billion) in Sungwoo Hitech America Co., Ltd. The South Korean company said it will use the funds to invest in production facilities following an order from GM in the US for body parts for electric vehicles (EVs....
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