VIENNA – Getrag Ford Transmissions GmbH, the 50-50 joint venture between Getrag GmbH & Cie KG and Ford Motor Co., will invest about €300 million ($400 million) to build a greenfield plant in Eastern Slovakia near Kosice. A memorandum of understanding was signed today with the Slovak government in the Slovak capital of Bratislava, confirming reports of the deal that leaked earlier this week. (See related story: Ford to Build Components Plant in Slovakia) The plant will be located in ...

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