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Mitsui High-Tec announced it will build a new factory in Kani City, Gifu Prefecture, with an initial investment of 70 billion yen, to produce motor cores for drive and power generation in environmentally friendly vehicles. Construction starts November 2017, completion September 2018, mass production January 2019.
“To meet the increasing demand for drive and power generation motor cores for environmentally friendly vehicles, we have decided to build a new factory to increase production capacity.”en.lnews.jp
Summarized from public sources; check the original articles before acting on it.