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Rengo has begun construction of a new corrugated cardboard factory, the Ehime Toon Factory, in Toon City, Ehime Prefecture, to relocate its Matsuyama plant. The investment is 14 billion yen and operations are scheduled to start in January 2024.
“The company will invest a total of 14 billion yen to construct a new factory with a total floor area of 32,400 square meters”en.lnews.jp
Summarized from public sources; check the original articles before acting on it.