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Taiwan's Chumpower plans new China factory

By: Steve Toloken

TAIPEI, TAIWAN (Oct. 2, 8 a.m. ET) — Taiwanese stretch blow molding machinery maker Chumpower Machinery Corp. is investing 40 million Chinese yuan (US$6.3 million) in a new factory in China, its second in the country, to meet growing demand in Africa, South America and the Middle East, a company executive said.

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