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Integrated Micro-Electronics, Inc. (IMI) inaugurated its new manufacturing facility in Niš, Serbia, investing approximately €33 million over ten years, to produce automotive electronic components.
Ayala Corporation's industrial unit, AC Industrial Technology Holdings Inc., has acquired MT Misslbeck Technologies GmbH, a German automotive supplier specializing in injection moulds and plastic parts. The acquisition supports Ayala's strategy in next-generation automotive technologies.