Foryou Corporation to build automotive castings project in Changxing
2023-12-20 11:32:37 [Print]
On December 18, Foryou Corporation and Changxing Economic and Technological Development Zone reached an agreement to develop a lightweight and precision automotive castings project, with total investment estimated at RMB1 billion (USD140 million).
The company plans to set up a subsidiary in the development zone to build and operate the project which has a designed production capacity of 3 million pieces of automotive castings per annum.
The company plans to set up a subsidiary in the development zone to build and operate the project which has a designed production capacity of 3 million pieces of automotive castings per annum.