YHI TO INVEST $8M IN MALAYSIA PLANT
YHI International, a distributor of automotive and industrial products, is investing $7.8 million in a plant in Malaysia to make alloy wheels for the Asean market.
'Asean is increasingly becoming an important automotive hub following the implementation of the Asean Free Trade Agreement,' YHI said.
The plant is expected to start production by the second half of next year. It will have an initial production capacity of about 180,000 wheels a year.
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