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KH Vatec to build new EV component plant in Gumi, South Korea
KH Vatec Co., Ltd. (KH Vatec) will invest KRW 21.8 billion (JPY 2.4 billion) and build a new plant in Gumi, North Jeolla Province, to meet the growing demand in the automotive industry. The investment began in July 2023 and will continue until December 2025. KH Vatec has headquarters and a plant in Gumi. It manufactu....
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