Aichi Steel of Japan to build forged parts plant in Thailand
Japan’s Aichi Steel Corp. plans to construct a factory in Thailand as soon as 2012 as automakers boost procurement in the country. The company will initially invest 1-2 billion yen (US$12.1-24.3 million) to launch production of crankshafts, gears and other forged products there. At start-up, the plant will be able to turn out 10,000 tons […]
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