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Maruichi Steel Tube and Toyota Tsusho will jointly establish a subsidiary in Malvar, Batangas, Philippines, to manufacture steel tubing for motorcycle and automotive parts. The investment is US$14 million, with operations planned to start in spring 2019.
| Site | Largest | Latest |
|---|---|---|
| Malvar, Philippines | $14.0M | 2017-12-07 |