Jatco opens a plant in Thailand with annual capacity to build 500,000 units of its latest continuously variable transmission, the Jatco CVT7. The CVTs built at the $200 million plant by 740 employees will be installed in compact cars such as the March (also known as Micra) and Sylphy produced by Nissan Thailand. The payroll will grow to 1,300 workers by fiscal 2014. Jatco announced plans to become the first CVT manufacturer in Thailand in June. The world’s biggest CVT ...

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