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F.C.C. to form JV for automotive clutches in Korea
F.C.C. Co., Ltd. announced that it will set up a 50-50 joint venture with Korea-based Seojin Automotive in Korea. The new company "FCC Seojin Co., Ltd." will manufacture and sell clutches for automobiles. Capitalized at 200 million won, approximately 16 million yen, the joint venture is scheduled to be established at....
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