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Continental and aft automotive signed an agreement to create a 50/50 joint venture to manufacture couplings made of high-performance plastics for automotive fluid systems. The joint venture is expected to create more than 30 new jobs by 2025, pending antitrust approval.
“The close collaborative partnership with aft automotive will enhance our skills as a system supplier and enable us to consistently expand our technological expertise in high-performance plastics for the future.”automotiveworld.com
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