Chinese electronics firm opens 1st European plant.
The company has to date invested more than $1.1 million on its four lines, and will spend another $700,000 to add another line, according to published reports. The new factory employs more than 30 workers.
SVA's annual sales from electronics products exceeds $5 billion. The company has plants in China, Pakistan, South Africa, Argentina and Australia.
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|Title Annotation:||Industry NEWS|
|Date:||Sep 1, 2006|
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