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Schaeffler to build new plant in Changwon, South Korea
South Korea's Gyeongsangbuk-do announced that Schaeffler Korea Corporation, a subsidiary of Schaeffler AG, will build a new plant on the premise of its existing site in Changwon to produce e-mobility systems and high-precision bearings. Schaeffler Korea plans to invest KRW 50 billion (JPY 5 billion) in the project by....
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