USA: Delphi to invest $US243.5 million in Kokomo Delco plant
Delphi Corporation on Monday said it would invest more than $US243.5 million during the next three years in electronics product lines at its Delco Electronics subsidiary in Kokomo, Indiana. The funding follows a corporate strategy of targeting capital investment in sophisticated electronic products as the company continues its shift away from mechanical components and lower margin products, Delphi said in a statement.
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