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ZF signed a deal with local authorities to build a 14,000 square meter plant in Rizhao, Shandong, producing airbag cushions and other passive safety products, expected to be operational by end of 2022.
“Investment in the plant, which is expected to go operational by the end of 2022, will reach 60 million euros ($60.92 million).”govt.chinadaily.com.cn
Summarized from public sources; check the original articles before acting on it.