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NN, Inc. announced that the Chinese government has approved the continuation of its joint venture with Weifu in Wuxi, China, extending the 20-year partnership on an ongoing basis. The JV, known as Wuxi Weifu Autocam, delivers approximately $130 million in sales per year.
“The Chinese government has approved the application for the continuation of its Joint Venture in Wuxi, China.”investors.nninc.com
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