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Wuhu Sterling Steering, China, and Steering Systems open plant in Russia

On February 18, multiple sources reported that Wuhu Sterling Steering System Co., Ltd has opened a new plant in Russia jointly with Tolyatti-based Steering Systems. The new company is called Steering Systems – STL. Steering System owns 60% of the company, while the Chinese partner owns 40%. 
Based on multiple sources....

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