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Chinese wheel hub manufacturer Jiangsu Pomlead is launching its second production line with design capacity of 500,000 units/yr in September 2020, raising total capacity to 1.5mn units/yr. The company has invested 1bn yuan ($144mn) to build four more lines, with two due by end of 2020 and two in 2021, aiming for 3.5mn units/yr by 2021.
“The plant, with design capacity of 500,000 units/yr, will be commissioned in September.”foundry-planet.com
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