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Jinpao Europe SAS, a joint venture of Thailand-based Jinpao Precision Industry, signed an agreement to acquire 100% of Atelier de decolletage de Bigorre (ADB) and SAS LUTEC (LUTEC) for EUR 5.8 million, with closing expected on 30 November 2018.
Jinpao Precision Industry from Taiwan signed a land purchase agreement to build a third plant in Hemaraj Eastern Seaboard Industrial Estate 2, Chonburi, Thailand, with an investment of 2 billion baht for manufacturing metal sheet parts for aerospace and medical industries, expected to create 1,500 jobs.
| Site | Largest | Latest |
|---|---|---|
| Chonburi, Thailand | $64.0M | 2018-02-01 |