Yongmaotai Automotive Technology, a Chinese-owned company specializing in the manufacture of aluminum auto parts, announced an investment of approximately $60 million to build a new plant in Ramos Arizpe, Coahuila.

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The plant will be dedicated to the production of aluminum alloy components for the automotive industry.

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The company, founded in 2002 and headquartered in Shanghai, China, is a global supplier dedicated to the design, casting, and machining of aluminum auto parts.

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