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Hota to invest USD 99 million to build first U.S. factory in New Mexico
On September 20, Hota Industrial Manufacturing Co., a key supplier to Tesla, GM, and Ford, said it will invest USD 99 million to build its first plant outside of Asia in Santa Teresa, New Mexico, citing greater emphasis on regional production in supply chains.
Hota, which produces gears and other auto components prim....
Hota, which produces gears and other auto components prim....
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