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Gränges signed a letter of intent with Mitsubishi Aluminum to form a joint venture in North America for manufacturing advanced aluminium materials for brazed automotive heat exchangers. A new production facility is planned, with the joint venture expected to be established in 2018.
“Gränges has signed a letter of intent with Japanese Mitsubishi Aluminum Co., Ltd to form a joint venture in North America for manufacturing of advanced aluminium materials for brazed automotive heat exchangers.”granges.com
Summarized from public sources; check the original articles before acting on it.