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DAE-IL Corporation agreed to acquire a 50.71% stake in Daeil Automotive Parts (Zhangjiagang) Co., Ltd. from DAEILINNOTECH Corporation. The transaction is expected to close on June 22, 2023.
South Korea-based DAE-IL Corporation broke ground on a $50 million, 295,000 square-foot facility in Murray, Kentucky, to manufacture automotive parts and gears. The plant will create 120 jobs and is expected to be completed in 12-14 months.
| Site | Largest | Latest |
|---|---|---|
| Murray, United States | $50.0M | 2018-07-23 |