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Sungwoo Hitech America Corp. will invest $40 million to buy and equip a 380,000-square-foot factory in Telford, Tennessee, creating 117 jobs by 2025 and 206 by 2027, to produce stamped metal components for automotive customers including GM, Kia and Volkswagen.
“Sungwoo has committed to creating 117 jobs by 2025 and 206 positions by 2027.”assemblymag.com
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