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Samhwa Paints signed a technical cooperation agreement with HL Mando to collaborate on high-performance coating technology for automotive parts and autonomous driving solutions.
HL Mando and China's Tianrun Industrial Technology Co. launched a joint venture, Tianrun Mando, in Shandong, China. Tianrun invested 60 million yuan ($8.3 million) for a 60% stake, HL Mando holds 40%.
HL Mando announced a $183 million expansion of its plant in Arteaga, Coahuila, Mexico, adding 780 new jobs and increasing production capacity for braking, steering, and suspension systems.
| Site | Largest | Latest |
|---|---|---|
| Arteaga, Mexico | $183.0M | 2023-05-30 |