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J-MAX (formerly Marujun) is investing about 4 billion yen to build a new press plant in Okayama, Japan. The plant will add a transfer press and a progressive press, increasing production capacity by about 30% for ultra-high-tensile steel parts and electrification components.
“約40億円を投じて岡山新工場の建設に踏み切った。”kanagata-shimbun.com
Summarized from public sources; check the original articles before acting on it.