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Kolbenschmidt Shanghai Piston (KSSP), a joint venture of Rheinmetall Automotive, is adding a new plant in Chongqing with an investment of about €65 million. The plant has 34,000 sqm production area, 230 employees, and initial capacity of 5 million pistons per year.
“In its first expansion stage, the new location in Chongqing represents an investment of around 500 million RMB (around €65 million).”automotiveworld.com
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