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LG Innotek to relocate vehicle motor production from Pyeongtaek, South Korea

Several South Korean media sources reported that LG Innotek Co., Ltd. (LG Innotek) will relocate its vehicle motor plant in Pyeongtaek-si, Gyeonggi-do. The company will stop operating the plant in 2024 as part of efforts to reform its production sites and reinforce the competitiveness of its automotive motor business....

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