SAO PAULO – ArvinMeritor Inc.'s operation here is seeking a partner in China for the production of steel wheels. The Brazilian arm, considered the center of steel wheel development for ArvinMeritor, expects to conclude negotiations with an unnamed company and set up a plant in China within two years. The planned investment currently is budgeted at $25 million. ArvinMeritor and the Chinese company each would own 50% of the joint venture. ArvinMeritor already has a factory in Zhenjiang ...
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