Nippon Piston Ring increases production of valve sheets used in the engines of bioethanol-powered vehicles designed to emit less carbon dioxide than autos fueled by gasoline. The engine-parts maker will spend ¥500 million ($6.06 million) to expand monthly valve-sheet output at its U.S. plant in Michigan from 2 million units to about 3 million by March 2013. Monthly capacity at a facility in Thailand's Saraburi province, meanwhile, will be raised from 5 million units to 6 ...
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