Ishikawajima-Harima Heavy Industries Inc. will put up about ¥900 million ($75 million) in a joint venture with Toyota Motor Corp. to produce turbochargers in Thailand. Toyota’s investment will total about ¥100 million ($800,000). The JV initially will produce 200,000 units annually and supply Toyota, as well as Mazda Motor Corp. and Isuzu Motors Ltd. in their Thai assembly operations.
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