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Walter AG and Vargus Ltd. established a joint venture named VWR Cutting Tools S.R.L. in Bucharest, Romania, to manufacture toolholders. Production is expected to start in November 2021 with some 20 employees.
“The joint venture in Romania is a further investment in the globalization and growth of our company.”mfgnewsweb.com
Summarized from public sources; check the original articles before acting on it.