Japan's Daido pledges $17 mln for Czech plant

Newswire

PRAGUE, May 24 (Reuters) - Japan's car parts maker Daido Metal has pledged to spend nearly 400 million crowns ($16.58 million) to build a new plant in the Czech Republic and create up to 100 jobs, a Czech state agency said on Tuesday. CzechInvest, an investment agency, said Daido's move follows that of two other Japanese investors, Daikin Industries and Ohmori Technos Corp. , which are already building their own plants in the city of Brno, some 200 km (124 miles) southeast of capital ...

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