ERJ staff report (DS)
Tokyo -- Tokai Rubber Industries says a press report in the Nikkan Kogyo Shimbun is not accurate. The report says the company is to build two factories in China. Tokai said the projects are under discussion, but no decision has yet been made.
Thje newspaper said Tokai is to build a factory for rubber hose and a second unit for automotive interiors.
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Press release from Tokai (Japanese language)
Above Press release auto-translated from Japanese