BorgWarner says board approves $120 mln investment

Newswire

LOS ANGELES, July 25 (Reuters) - Auto parts maker BorgWarner Inc. on Wednesday said its board of directors approved $120 million of investments in China, Mexico and Poland. The company said the funds would be used for a technical center in China, a production campus for its Mexico drivetrain unit, and a production facility for turbochargers in Poland. The spending will occur over the next four years, BorgWarner said.

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