Kobe Steel, Ltd. said Dec. 15 it plans to increase the production capacity of its subsidiary in China that makes aluminum forgings for automotive suspensions.
Kobe Steel said it will install an additional forging press, as well as newly construct melting and casting equipment at Kobe Aluminum Automotive Products (China) Co.
It said its investment is set to reach 4.5 billion yen and that operations will begin in March 2013.
Kobe Aluminum Automotive Products (China) was established in September 2010 in Suzhou, Jiangsu province.
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