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NBKBE signed an investment contract with the People's Government of Macheng City to build a factory in Macheng, Hubei Province, for automotive wires and cables. The total investment is at least 250 million RMB, and the project will become the company's sixth production base in China, producing new energy vehicle high-voltage cables, data cables, aluminum cables, and aluminum bars.
| Site | Largest | Latest |
|---|---|---|
| Macheng, China | $37.0M | 2022-08-04 |