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Innovation Precision Vietnam, a subsidiary of Shandong Innovation Metal Technology, has secured approval to build a $165 million aluminum factory in VSIP Nghe An Industrial Park, Vietnam. The plant will have an annual capacity of 100,000 tons of aluminum and is scheduled to start operations in October 2024, creating 1,500 jobs.
“This venture marks the first plant developed outside of China by Shandong Innovation Metal Technology, the parent company of Innovation Precision Vietnam.”news.tuoitre.vn
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