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Fawer-ThyssenKrupp joint venture opens Penglai Branch
ThyssenKrupp Fawer Liaoyang Spring Co., Ltd., a joint venture between Fawer Automotive Parts Limited Company and Germany-based ThyssenKrupp, held an opening ceremony for its Penglai Branch on June 16, 2011. With a total investment of 140 million yuan, the Penglai facility has the capacity to manufacture 50,000 tons o....
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