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Pyung Hwa Holdings, NOK to establish joint venture plant in Korea
Pyung Hwa Holdings, the parent company of Pyung Hwa Industrial, and NOK of Japan will jointly establish a plant to produce damper pulleys in Yeongcheon City, Gyeongsangbuk-do, Korea. The new facility will manufacture 11 million damper pulleys, starting in 2014. Investment in the new plant is expected to reach 61 mill....
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