SOUTH KOREA: Hella-Behr and Sandlip form nose module JV
Hella-Behr Fahrzeugsysteme GmbH, has formed a joint venture for the development and production of front-end modules with Samlip Industrial of South Korea. The joint venture has received orders for the annual production of more than 500,000 front-end modules from Hyundai and Kia beginning in 2004, according to Hella-Behr. Three new manufacturing plants will be built in Korea to meet production requirements.
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