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Pierburg GmbH, a Rheinmetall Automotive subsidiary, agreed to form a joint venture with Zhejiang Yinlun Machinery Co. Ltd. in Tiantai, China, to produce cooled exhaust-gas recirculation modules. Pierburg will hold a 51% stake. Production is set to start in 2018.
“Starting production in 2018, the joint venture will initially operate one production line, with on-site testing capabilities.”foundrymag.com
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